Director/PDMR Shareholding

27 October 2015

Lombard Risk Management plc

("Lombard Risk" or the "Company")

Director's share dealing

Lombard Risk (AIM: LRM.L), a leading provider of integrated collateral management and regulatory reporting solutions for the financial services industry, has been notified that Philip Crawford, Executive Chairman, yesterday purchased 220,000 Lombard Risk ordinary shares at a price of 9.0p per share.

Following the purchase Mr Crawford's shareholding is 4,969,876 ordinary shares representing approximately 1.63% of the Company's issued share capital. In addition Mr Crawford has a beneficial interest in options over 1,100,000 Lombard Risk ordinary shares which, when exercised, will represent a further 0.35% of the Company's enlarged issued share capital.

Enquiries:

Lombard Risk Management plc 020 7593 6700

Philip Crawford, Executive Chairman

Nigel Gurney, Finance Director

Panmure Gordon (UK) Limited 020 7886 2500

(Nominated Adviser and Broker)

Russell Cook

James Greenwood

Newgate 020 7653 9850

(Financial PR)

Tim Thompson

Bob Huxford

Robyn McConnachie