Exercise of Options

ALBEMARLE & BOND HOLDINGS PLC

"the Company"

Exercise of Approved Executive Scheme Options by Employee

The Company announces that it received today a letter of exercise from an employee in respect of an exercise of options over 12,117 Ordinary Shares of 4p each ("Ordinary Shares") at a purchase price of 74.5p per Ordinary Share under the Approved Executive Share Option Scheme.

Application for Admission to Listing

The Company further announces that application has today been made for 12,117 new Ordinary 4p shares to be admitted to listing pursuant to the exercise of share options under the scheme detailed above. It is expected that dealings will commence in the new Ordinary shares on 31 May 2012.

Following the exercise of share options the issued share capital of the Company will be increased from 55,520,774 Ordinary shares of 4p each to 55,532,891 Ordinary shares of 4p each.

Date: 25 May 2012

Enquiries:

Albemarle & Bond Holdings plc 0118 955 8100

Barry Stevenson CEO

Canaccord Genuity Limited 020 7523 8350

Mark Dickenson / Piers Coombs

Cardew Group 020 7930 0777

Tim Robertson / Shan Shan Willenbrock

END