Issue of Equity - Conversion of Epsilon Bond

16 April 2015

Daniel Stewart Securities plc ("Daniel Stewart" or "the Company")

Conversion of Epsilon bond

Daniel Stewart Securities Plc (AIM: DAN), the investment bank providing corporate advisory, institutional stockbroking and wealth management services, notifies that, further to the Company's announcement of 29 January 2015, FCA controller status has been received by Epsilon Investments PTE Limited ("EIL"), and that EIL have exercised their right to convert the £775,000 non-redeemable callable bond.

Accordingly, 194,000,000 new ordinary shares of 0.25p each in the Company ("Shares") are being issued to EIL, following which EIL's interest shall comprise 264,500,000 Shares, representing approximately 29.4 per cent. of the Company's enlarged issued share capital.

Upon issue the new Shares will rank pari passu with the Company's existing ordinary shares. Application has been made for the admission to trading on AIM of the 194,000,000 new Shares ("Admission") and dealings are expected to commence on 21 April 2015.

Following Admission, the Company's issued share capital will comprise 899,902,579 ordinary shares. This figure should be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules. The Company does not hold any shares in treasury.

Enquiries:

DANIEL STEWART SECURITIES PLC

Peter Shea, Chairman

Tel: 020 7776 6550

WESTHOUSE SECURITIES

Richard Johnson / Martin Davison

Tel: 020 7601 6100