Additional Listing

MAM FUNDS PLC ("the Company")

 ADDITIONAL LISTING

MAM Funds plc ('MMF'), the AIM quoted fund management company, announces that as a result of the exercise of options pursuant to the terms of the Company's Management Incentive Plan, the Company has allotted the following 1,000,000 ordinary 0.1p shares ("Shares") in the company to the former Chairman, Colin Rutherford, from whom an application to exercise options has been validly received:

·; 500,000 Shares at 0.1p per Share

·; 500,000 Shares at 10p per Share

The new Shares will rank pari passu with the Company's existing issued Shares.

Application has been made for the new 1,000,000 Shares to be admitted to trading on AIM ("Admission"). Upon Admission, which is expected on 18 July 2011, the Company's enlarged issued share capital will comprise 146,618,308 ordinary shares with voting rights. The figure of 146,618,308 ordinary shares should be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.

For further information, please contact:

Roger Bennett, Company Secretary, MAM Funds 0118 338 4036

James Steel, Director, Arbuthnot Securities 020 7012 2100

Antonio Bossi, Director, Arbuthnot Securities 020 7012 2116

Web: www.mamfundsplc.com