EGM Result and Completion of £2m Placing

THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY OR SUBSCRIBE FOR SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER OR SOLICITATION IS UNLAWFUL AND, IN PARTICULAR, IS NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, THE REPUBLIC OF SOUTH AFRICA OR JAPAN.

12 June 2015

European Wealth Group Limited

("European Wealth", or "the Group" or "the Company")

RESULTS OF GENERAL MEETING

COMPLETION OF PLACING TO RAISE £2 MILLION

European Wealth (AIM: EWG, EWGL), the fast growing wealth management group, is delighted to announce that in connection with the Placing announced by the Company on 12 June 2015, all resolutions put to shareholders at today's Extraordinary General Meeting were duly passed.

Following the passing of the resolutions at the Extraordinary General Meeting, 2,527,095 new Ordinary Shares have been allotted to existing and new investors, conditional upon the admission of such Ordinary Shares to trading on AIM. It is expected that settlement will occur, admission to trading on AIM will become effective and dealings will commence in respect of 2,229,595 new Ordinary Shares at 8.00 am on 15 June 2015. It is then expected that settlement will occur, admission to trading on AIM will become effective and dealings will commence in respect of 297,500 new Ordinary Shares at 8.00 am on 16 June 2015.

Following admission of the 2,527,095 new Ordinary Shares to trading on AIM, the total number of Ordinary Shares with voting rights in issue will be 22,291,571 and this figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

Upon admission, the new Ordinary Shares will be issued, credited as fully paid and will rank pari passu in all respects with the existing Ordinary Shares of the Company.

For further details, please contact:

IMPORTANT NOTICE

This announcement has been prepared solely to provide information about the Placing and it does not constitute, or form part of, any offer or invitation to purchase, underwrite or otherwise acquire Ordinary Shares, or the solicitation of any such offer. Without limiting the foregoing statement, this announcement does not constitute an offer of Ordinary Shares for sale in the United States. The Ordinary Shares have not been and will not be registered under the United States Securities Act of 1933, as amended (the Securities Act), or the laws of any state, and may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state laws. European Wealth Group Limited does not intend to register the Ordinary Shares under the Securities Act. No public offering of Ordinary Shares will be made in the United States.