Exercise of Share Options

Mattioli Woods plc

("Mattioli Woods" or "the Company")

Exercise of Share Options

Mattioli Woods plc (AIM: MTW.L), the specialist pensions consultancy, announces that the Company has issued 173,419 Ordinary Shares of 1 pence each ("Ordinary Shares") following the exercise of options ("the Options") over Ordinary Shares by certain members of the Company's senior management team. The Options were exercised pursuant to the Mattioli Woods Pension Consultants Limited Enterprise Management Incentive Share Option Plan. 

Application will be made for the admission of the 173,419 new Ordinary Shares referred to above to trading on AIM. It is expected that admission will become effective and that dealings will commence in the new Ordinary Shares on 9 December 2010. 

On admission to trading of the 173,419 new Ordinary Shares referred to above, the Company will have 17,556,618 Ordinary Shares in issue with voting rights.

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