Directors' Shareholding: exercise of options

REDDE PLC ("Company") Directors' shareholdings: exercise of options The Company received notification on 18 March 2015 that on 18 March 2015 MartinWard and Stephen Oakley: 1. exercised (at an exercise price of 12.5 pence per share) respectively 921,372 and 460,686 options over the ordinary 0.01p shares in the Company ("Ordinary Shares") which they held under the Company's 2013 Executive Option Scheme ("Scheme"); and 2. respectively sold (at a sale price of 104.05 pence per share) 555,185 and 277,593 Ordinary Shares, as permitted by the rules of the Scheme, to meet the sale expenses and the resulting tax and national insurance liabilities. As a result of these transactions Martin Ward and Stephen Oakley have,respectively, a beneficial interest in 504,467 and 223,093* Ordinary Sharesrepresenting 0.178% and 0.079% of the current Ordinary Shares in issue. *Includes family interests As at 19 March 2015, the Company's capital consisted of 283,641,643 OrdinaryShares and 10,410,910 `B' shares. Only the Ordinary Shares have voting rights therefore the total number ofvoting rights in the Company is 283,641,643 which figure may be used byshareholders as the denominator for the calculation by which they willdetermine if they are required to notify their interest, or a change to theirinterest, in the Company. Nick Tilley Company Secretary 01225 321217

19 March 2015