Holding(s) in Company: 28 June 2012

TR-1: Notification of major interest in shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached
Panmure Gordon & Co. plc

2 Reason for the notification
An acquisition or disposal of voting right

3. Full name of person(s) subject to the notification obligation
JPMorgan Asset Management Holdings Inc.

4. Full name of shareholder(s) (if different from 3.)
JPMorgan Asset Management (UK) Limited

5. Date of the transaction and date on which the threshold is crossed or reached
26 June 2012

6. Date on which issuer notified
28 June 2012

7. Threshold(s) that is/are crossed or reached
5% Upwards

8. Notified details:
A: Voting rights attached to shares:
Class/type of shares if possible using the ISIN CODE

Situation previous to the triggering transaction
Number of Shares N/A
Number of Voting Rights N/A

Resulting situation after the triggering transaction
Number of shares – direct
Number of voting rights – direct
Number of voting rights – indirect 9,801,630
% of voting rights – direct
% of voting rights – indirect 6.50%

Total number of voting rights

Total percentage of voting rights

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
Total disclosable holding for JPMorgan Asset Management Holdings Inc : 9,801,630 (6.50%)
JPMorgan Asset Management (UK) Limited: 9,801,630 (6.50%)

Proxy Voting:
10. Name of the proxy holder: N/A

11. Number of voting rights proxy holder will cease to hold: N/A

12. Date on which proxy holder will cease to hold voting rights: N/A

13. Additional information: N/A

14. Contact name: Kartik Parekh

15. Contact telephone number: 020 7134 6170