Director's Dealings

14 May 2014

Fairpoint Group plc

Director's Dealings

Fairpoint Group plc ("Fairpoint" or "the Company") announces that on 9 May 2014 it has granted share options to Chris Moat under the Fairpoint Group plc Save As You Earn ("SAYE") Scheme.

Mr Moat has been granted 11,920 options at an exercise price of 151p per 1p ordinary share.

The SAYE Scheme is a three year scheme, open to all employees of the Company, commencing on 1st June 2014 and completing on 31st May 2017.

The options vest on 31st May 2017 and must be exercised within six months of the end of the scheme.

Following the grant of the options, Mr. Moat has an interest in 201,531 ordinary shares and 461,920 options.

Enquiries please contact:

Fairpoint Group Plc

Chris Moat, Chief Executive Officer 0844 826 2489

John Gittins, Group Finance Director

Shore Capital (Nomad and Broker)

Pascal Keane 0207 408 4090

Edward Mansfield

MHP Communications

Reg Hoare 0203 128 8100

Katie Hunt

Ben Griffiths