Exercise of Options by Employee

ALBEMARLE & BOND HOLDINGS PLC

"the Company"

Exercise of Options by Employee

The Company makes the following announcements in respect of an exercise of options today by an employee ("Employee") over 5,000 Ordinary Shares ("Shares") in the capital of the Company granted under the Albemarle & Bond Holdings plc Company Share Option Plan, at an exercise price of 238.5p per share:

1. a transfer of shares has been approved in respect of the Shares from Albemarle & Bond Trustee Limited ("the Trustee") as Trustee of the Albemarle & Bond Pawnbrokers Limited Employee Benefit Trust to the Employee;

2. as a result of the transfer announced above, the Trustee now holds 799,554 Ordinary Shares in the capital of the Company, equivalent to 1.44% of the Company's issued share capital; and

3. B J Stevenson and L K Moran are directors of Albemarle & Bond Trustee Limited.

Date: 2 February 2011

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