AGM Statement

Charles Taylor plc

("Charles Taylor", the "Group" or the "Company")

AGM Statement

Rupert Robson, Chairman, Charles Taylor will make the following statement at the Company's AGM to be held today:

"Charles Taylor's 2014 results reflect a strong performance and positive progress in delivering the Group's growth strategy.

"As announced during the first quarter of 2015, we were appointed as the new managers of The Strike Club on 1 March 2015, Charles Taylor Managing Agency received regulatory approval and began trading on 1 April 2015 and we completed the acquisition of the Scottish Widows International Limited on 2 April 2015. We expect these acquisitions to add around 10% to the Group's revenue in 2015 and to be earnings enhancing.

"We successfully completed our rights issue in April, raising £28.8 million after expenses in new capital for the Company. This has made an important contribution to our growth strategy by giving us the financial resources and flexibility we need to pursue strategic acquisitions, joint ventures and business investments. We are currently exploring a number of opportunities, which are in varying stages of development."

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Notes to editors

Charles Taylor plc is a leading provider of professional services to clients across the global insurance market. The Group has been providing insurance-related services since 1884 and today employs over 1,200 staff in 67 offices spread across 27 countries in the UK, the Americas, Asia Pacific, Europe, the Middle East and Africa.

The Group offers services, principally on a fee-based model and operates through three Professional Services businesses - Management, Adjusting and Insurance Support Services. Charles Taylor also owns insurers, creating value through undertaking select acquisitions and achieving operational efficiencies.

Further information is available at www.ctplc.com

Statements made in this announcement that look forward in time or that express management's beliefs, expectations or estimates regarding future occurrences are "forward-looking statements" within the meaning of the United States federal securities laws. These forward-looking statements reflect the Group's current expectations concerning future events and actual results may differ materially from current expectations or historical results.