Hiring of Investment Funds Team

9 November 2012

Panmure Gordon & Co. plc

("Panmure Gordon")

Hiring of investment funds team

Panmure Gordon is pleased to announce that it has hired an experienced investment funds team which until very recently was at Matrix Corporate Capital. The integrated team, led by Paul Fincham and Phil Hopkins, comprises sales, research, market making and corporate finance and plans to be fully operational from Monday 12 November.

Phillip Wale, CEO of Panmure Gordon said: "We are delighted to welcome Paul, Phil and colleagues to the firm. Panmure Gordon has a strong heritage in investment funds, and having recruited such a highly regarded dedicated team gives us an excellent opportunity to establish a leading position in the market".

Enquiries:

Panmure Gordon

Nat Webb, Communications Director 07738 182900 / 020 7886 2886

FTI Consulting

Billy Clegg 020 7269 7157

Ed Gascoigne-Pees 020 7269 7132