Acquisition Update

Mattioli Woods plc

("Mattioli Woods" or "the Company")

Acquisition Update

Further to the announcements made on 19 June 2015 at 7.00 a.m. (RNS Number: 6522Q) (the "Placing Announcement") and on 22 June 2015 at 2.45 p.m. (RNS Number: 8588Q), Mattioli Woods provides the following update in respect of its proposed acquisition of Boyd Coughlan Limited.

Following the admission of the Firm Placing Shares and the Consideration Shares to trading on AIM becoming effective at 8.00 a.m. today, the Company is pleased to announce that the final condition relating to the acquisition of Boyd Coughlan has now been satisfied and completion of the acquisition of Boyd Coughlan has taken place.

Defined terms used in this announcement will have the meaning set out in Appendix I of the Placing Announcement.

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