Disposal

FOR IMMEDIATE RELEASE 2 January 2018

MOLINS PLC

Completion of Canadian property disposal

The board of Molins PLC ("the Company") announced on 27 June 2017 that the Company had entered into an unconditional agreement to sell its manufacturing facility in Ontario, Canada. The board confirms that legal completion of this transaction has now take place.

Enquiries:

Molins PLC

Tel: +44 (0)247 642 1100

Tony Steels, Chief Executive

Jim Haughey, Group Finance Director

Panmure Gordon (UK) Limited (NOMAD)

Tel: +44 (0)20 7886 2500

Andrew Potts / Peter Steel - Corporate Finance

James Stearns - Corporate Broking

Hudson Sandler

Tel: +44 (0)20 7796 4133

Nick Lyon / Jasper Bartlett