Additional Listing and Total Voting Rights

MAM FUNDS PLC ("the Company")

ADDITIONAL LISTING AND TOTAL VOTING RIGHTS

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 5,000 ordinary 0.1p shares ("Shares") in the company to an employee from whom an application to exercise options has been validly received. The strike price on the exercise of the option was as follows:

5,000 at 0.1p per Share

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

Upon Admission, which is expected on 26 July 2012, the Company's enlarged issued share capital will comprise 147,303,308 Shares with voting rights. The figure of 147,303,308 Shares may 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:

MAM Funds plc

Ian Dighé / Roger Bennett

Tel: 0118 9528 900

Peel Hunt LLP (Nominated Adviser and Broker)

Guy Wiehahn / Andy Crossley

Tel: 020 7418 8900

Web: www.mamfundsplc.com