Appointment of joint broker

1 May 2018

Gear4music (Holdings) plc

Appointment of joint broker and joint financial adviser

Gear4music (Holdings) plc ("the Company"), the largest UK based online retailer of musical instruments and music equipment, is pleased to announce the appointment of Peel Hunt LLP as joint broker and joint financial adviser to the Company, alongside Panmure Gordon, with immediate effect.

- Ends -

For further information, please contact

Gear4music +44 (0)20 3865 9668

Andrew Wass, Chief Executive Officer

Chris Scott, Chief Financial Officer

Panmure Gordon +44 (0)20 7886 2500

Andrew Godber/Peter Steel

Erik Anderson

Peel Hunt +44 (0)20 7418 8900

Adrian Trimmings

George Sellar

Alma +44 (0)20 3128 8100

Josh Royston/Rebecca Sanders-Hewett/Helena Bogle [email protected]

About Gear4music.com

Operating from a Head Office in York, and Distribution Centres and showrooms in York, Sweden and Germany, the Group sells own-brand musical instruments and music equipment alongside premium third-party brands including Fender, Yamaha and Roland, to customers ranging from beginners to musical enthusiasts and professionals, in the UK, Europe and, more recently, into the Rest of the World.

Having developed its own e-commerce platform, with multilingual, multicurrency and fully responsive design websites delivering to over 190 countries, the Group has rapidly expanded its database and continues to build its overseas presence.