Director/PDMR Shareholding

28 May 2015

AFH FINANCIAL GROUP PLC

("AFH" or the "Company")

Director shareholding

The Board of AFH, a leading financial planning led investment management firm, is pleased to announce that Toby Denne, Chief Investment Officer, has today acquired 20,000 ordinary shares of 10 pence each in the Company (the "Ordinary Shares") at a price of 145 pence per Ordinary Share. Following this share purchase, Toby Denne is beneficially interested in 454,411 Ordinary Shares which represents approximately 2.27 per cent. of the current issued share capital of AFH.

Enquiries:

AFH Financial Group PLC 01527 577 775

Alan Hudson, Chief Executive Officer

Paul Wright, Chief Financial Officer

www.afhfinancialgroup.com

Allenby Capital Limited 020 3328 5656

(Nominated Adviser and Broker)

Nick Naylor

Chris Crawford

Nick Athanas

Yellow Jersey PR Limited 07768 537 739

Dominic Barretto

Kelsey Traynor