Distribution

Trading Emissions PLC

Distribution

Trading Emissions PLC (the "Company") announces a distribution of capital to Shareholders of 5.0 pence per Share, equivalent to approximately £12.5 million ("the Distribution"). The Distribution will be financed from the Share premium account. The distribution will be paid on 29 April 2016 to Shareholders recorded on the register on 8 April 2016. The Shares will be marked ex on 7 April 2016.

Enquires:

FIM Capital Limited +44 (0) 1624 681250

(Philip Scales)

Liberum Capital Limited +44 (0) 20 3100 2222

(Steve Pearce/ Tom Fyson/ Josh Hughes)