Grant of share options

6 December 2013

Imperial Innovations Group plc

Grant of share options

The following directors have received awards, under Imperial Innovations' Long Term Incentive Plan ("LTIP"), of options over Ordinary shares each with an exercise price of 350 pence per Ordinary share ("Award Shares").

This grant of options is part of the Company's long term incentive arrangements. It is substitutional, not additive, in that the profit sharing percentage in the already established carried interest scheme has been proportionally reduced to fund this new grant of options, aligning the interests of the shareholders and executives more closely.

These arrangements are described more fully in the Directors' Remuneration Report in the 2013 Annual Report - a copy of which is available on the company's website at http://www.imperialinnovations.co.uk/media/uploads/files/Annual_report_2013.pdf.

Imperial Innovations' LTIP was adopted by the Board on 24 May 2006 and was approved by shareholders of the Company at an extraordinary general meeting on 20 July 2006. It provides for awards of, or by reference to, Ordinary Shares to be made to eligible employees. The options will vest between 2016 and 2021 subject to certain performance conditions having been satisfied.

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