Grant of share options

Bilby Plc ("Bilby")

Grant of Share Options

Bilby announces that, on 9 December 2015, 140,000 options were granted under the Share Option Plan to David Ellingham at an exercise price of 119 pence.

On 4 January 2016, 100,000 options were granted under the Share Option Plan to Katherine O'Reilly at an exercise price of 146 pence.

On 14 July 2016, 175,000 options were granted under the Share Option Plan to Katherine O'Reilly at an exercise price of 125.9 pence.

Enquiries:

Bilby Plc 020 8269 3777

Phil Copolo, Deputy Executive Chairman

Katie O'Reilly, Finance Director

Panmure Gordon 020 7886 2500

(Nominated Adviser and Broker)

Dominic Morley

James Greenwood

Hudson Sandler 020 7796 4133

(Financial PR)

Charlie Jack

Emily Dillon