Change in Repayment Terms of Existing Loan

Armour Group plc

("Armour" or "the Company")

Change in Repayment Terms of Existing Loan

Further to the announcement of 15 December 2015 regarding the loan to Armour Home Electronics Limited, the Company announces that the repayment terms of the £0.3m loan have been changed as detailed below:

Repayment:

15/01/16 £100,000

15/02/16 £50,000

15/03/16 £50,000

15/04/16 £50,000

15/05/16 £50,000

All other conditions of the loan remain the same. The initial £1.0m loan remains in place which is due for repayment in July 2019.

Further Details: