Treasury stock: 12 December 2011

Panmure Gordon & Co. plc (“the Company”) announces that 150,000 ordinary 4p shares have today been transferred from treasury stock to satisfy the vesting of awards under an employee share scheme.

Following the above transfer of shares out of treasury, the Company holds 1,834,810 ordinary shares as treasury shares. The total number of ordinary shares in issue (excluding shares held as treasury shares) is 148,394,095.