Director/PDMR Shareholding

The following replaces the announcement released on 25 January 2016 at 08:03, RNS Number: 8347M (the "Previous Announcement"). In paragraph 2 of the Previous Announcement, Murray Smith's total beneficial interest in the Company was incorrect. Mr Smith's interest is 108,900. All other information remains unchanged. The full amended text appears below.

Mattioli Woods plc

("Mattioli Woods" or "the Company")

Director/PDMR Shareholdings

Mattioli Woods plc (AIM: MTW.L), the specialist wealth management and employee benefits business, announces that following the issue of a decree absolute in his divorce on 11th January 2016, it was notified on 14th January 2016 by Murray Smith, a Director of the Company, that he no longer has a beneficial interest in 105,000 ordinary shares of the Company that are held by his former wife.

As a result of the above, Mr Smith's beneficial interest in the Company is now 108,900 shares, being 0.43% of the issued share capital of the Company.

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