Exercise of warrants

Journey Group plc (the "Company")

Exercise of warrants

The Company announces that it has received an exercise notice from Rose Nominees Limited to exercise warrants over 7,740,881 ordinary shares ("Ordinary Shares") of 1p each at an exercise price of 1 pence per Ordinary Share. Accordingly, the Company will issue 7,740,881 Ordinary Shares in settlement of this exercise (the "Warrant Exercise").

The new Ordinary Shares will rank pari passu with the existing Ordinary Shares and application will shortly be made for the new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and dealings in the new Ordinary Shares will commence at 8.00 a.m. on 18 April 2013.

Following the Warrant Exercise, the Company's issued share capital will consist of 319,984,132 1p Ordinary Shares with voting rights. This number 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 share capital of the Company.

For further information please contact:

Stephen Yapp

Carl Fry

Journey Group plc

Tel: +44 (0) 20 8606 2000

[email protected]

N+1 Singer (Nominated Advisor & Broker)

Jonny Franklin-Adams

Matt Thomas

Tel: +44 (0) 20 7496 3000