Directorate change

For Immediate Release 17 February 2016

Panmure Gordon & Co. plc

("Panmure Gordon")

Directorate change

Panmure Gordon announces that Ed Warner, non-Executive Chairman, has today served notice of his intention to step down at the Company's forthcoming Annual General Meeting in May. Mr. Warner joined the Board in 2009, serving as Chairman since October 2010, and is leaving to concentrate on his other business interests. A search for his replacement is underway and a further announcement will be made in due course.

Phillip Wale, Chief Executive Officer commented:

"Ed has chaired the company with professionalism and dedication and we are grateful for his contribution over the past 6 years and wish him well with his many other roles in the future."

Mr. Warner commented:

"I am delighted to have had the opportunity to be Chairman of such a distinguished City institution as Panmure Gordon. I wish its staff every success and look forward to watching the Company thrive over the coming years."

Enquiries:

Panmure Gordon

Phillip Wale, Chief Executive Officer 020 7886 2500

Philip Tansey, Chief Finance Officer 020 7886 2500

Buchanan (financial PR) 020 7466 5000

Mark Edwards/Helen Chan/Stephanie Watson

[email protected]

Grant Thornton Corporate Finance (Nominated Adviser)

Philip Secrett/ Salmaan Khawaja/ Jen Clarke 020 7383 5100