Director/PDMR Shareholding

ICAP plc (the "Company")

Grant of options under the Bonus Share Matching Plan (BSMP)

On 24 May 2012 options over ordinary 10p shares in the Company were granted to the following directors under the BSMP.

DIRECTOR BASIC AWARD MATCHING AWARD

Michael Spencer 569,078 569,078

Iain Torrens 248,059 248,059

The exercise price for a basic award is £1 and the exercise price for a matching award is £1. The exercise period for this award will commence on the day of the announcement of the Company's annual results for the financial year ending on 31 March 2015 and will last for a period of 5 years.

On 24 May 2012 John Nixon was given a promise to receive 423,160 basic award shares and 423,160 matching award shares under the BSMP.

Grant of options under the ICAP plc Senior Management Long Term Incentive Plan (LTIP)

On the 24 May 2012 the following persons discharging managerial responsibilities (PDMR) were awarded the following shares under the LTIP:

PDMR BASIC AWARD MATCHING AWARD

Mark Beeston 111,480 111,480

David Casterton 131,033 131,033

Gil Mandelzis 96,907 96,907

Mark Price 49,320 49,320

Doug Rhoten 21,349 21,349

Brigitte Trafford 4,669 4,669

Duncan Wales 32,977 32,977

The basic and matching awards will vest on the third anniversary of the award.

The total of these BSMP and LTIP awards, being 3,376,064 ordinary 10p shares, will be satisfied by shares held in the ICAP Employee Share Trust and/or shares held as Treasury Shares.

ICAP plc

24 May 2012