Acquisition of Convenção Presidential approval obtained

12th Jul 2011 13:22

12 July 2011

Tullett Prebon plc

Brazil: Acquisition of Conven§£o- Presidential approval obtained

Tullett Prebon plc (the "Company") announces that it has received notice that it has been granted approval from the President of Brazil to acquire Conven§£o S/A Corretora de Valores e Cambio ("Conven§£o"), one of the leading and most respected inter-dealer brokers in Brazil.

The Company announced on 13 October 2009 that it had reached agreement to acquire Conven§£o, conditional on receiving approval from the Brazilian authorities. Obtaining Presidential approval was the final approval outstanding. The terms of the acquisition remain unchanged.

The Company expects to complete the acquisition in August.

-ENDS-

For further information please contact:

Investors and AnalystsNigel SzembelTullett Prebon plc+44 207 200 [email protected] - Corporate and UKCharlotte KirkhamM:Communications+44 207 920 [email protected]

Press - United States of America

Bill BlaseW.T Blase & Associates+ 1 212 221 [email protected]£o PauloUilson PaivaComunica§£o++ 55 11 7898 7820 / +55 11 3874 [email protected]

PINX

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