Appointment of Joint Broker

Morses Club PLC

("Morses Club" or the "Company")

Appointment of Joint Broker

Morses Club, a leading UK non-standard consumer finance company, announces the appointment with immediate effect of Panmure Gordon as joint broker to the Company. Panmure Gordon will work alongside the Company's existing Nomad and broker Numis Securities.

Enquiries:

Morses Club PLC

Paul Smith, Chief Executive Officer

Andy Thomson, Chief Financial Officer

Tel: +44 (0) 330 045 0719

Numis Securities Limited

Nominated Adviser & Joint Broker

Andrew Holloway, Charlie Farquhar, Paul Gillam, Hugo Rubinstein

Tel: +44 (0) 20 7260 1000

Panmure Gordon (UK) Limited

Joint Broker

Richard Gray, Fred Walsh, Charles Leigh-Pemberton, Fabien Holler

Tel: +44 (0) 20 7886 2500

 Media enquiries:

CNC Communications

Nick Bastin, Simon Evans

Tel: +44 (0) 20 3219 8800