Circular (including notice of meeting)

FOR IMMEDIATE RELEASE

3 November 2014

ARROW GLOBAL GROUP PLC

("Arrow Global" or the "Group")

Arrow Global publication of circular (including notice of meeting) relating to the proposed acquisition of Quest Topco Limited ("Capquest")

On 24 September 2014, Arrow Global announced the proposed acquisition of Capquest (the "Acquisition"). Capquest is a UK debt purchaser and outsourced collections provider that owns and services portfolios in the financial services, retail, telecommunications and motor finance sectors. The Acquisition is an important step in Arrow Global's growth strategy and positions us well to enhance the quality of our offering to our customers and clients.

Arrow Global today announces that the shareholder circular relating to the Acquisition (the "Circular") has been published and is available for viewing on its website, www.arrowglobalir.net.

The Circular contains a notice convening a general meeting to be held at 2.00 p.m. on 26 November 2014 (the "General Meeting") to consider and, if thought fit, approve the Acquisition. The General Meeting will be held at River Court, 120 Fleet Street, London EC4A 2BE.

The Circular will be posted or made available to Arrow Global's shareholders shortly, together with the form of proxy for the General Meeting. Copies of the Circular and form of proxy have been submitted to the National Storage Mechanism and will soon be available for inspection at www.morningstar.co.uk/uk/NSM.

The Acquisition remains conditional on, among other things, the approval of Arrow Global's shareholders at the General Meeting and is expected to complete on 28 November 2014. Further details of the Acquisition are set out in the Circular.

Enquiries:

Arrow Global +44 (0)161 242 5896

Tom Drury (CEO)

Robert Memmott (CFO)

Alex Barnett (Corporate Communications)

Instinctif

Mike Davies

Catherine Wickman +44 (0)20 7457 2020

Antonia Gray