Issue of Equity

Helphire Group plc Issue of Equity The Board of Helphire Group plc ('Helphire' or 'the Group') announces that ithas allotted seven new ordinary shares of 0.01 pence each in the Company("Ordinary Shares") in advance of the proposed share capital reorganisation asannounced on 1 May 2014 ("Share Capital Reorganisation"). Admission is expectedto occur on 16th May 2014. The issue of the seven Ordinary Shares ensures nofractions will be created as a result of the Share Capital Reorganisation. Following Admission, the Company shall have 2,726,637,400 Ordinary Shares inissue, each with voting rights, which figure may be used by shareholders in theCompany as the denominator for the calculations by which they will determine ifthey are required to notify their interest in, or a change to their interestin, the share capital of the Company under the Financial Conduct Authority'sDisclosure and Transparency Rules. For further information, contact: Helphire Group plc 01225 321134 Martin Ward, Chief Executive Officer Stephen Oakley, Chief Financial Officer Cenkos Securities plc 0207 397 8900 Ian Soanes Max Hartley Square1 Consulting 0207 929 5599 David Bick Mark Longson Notes to Editors: Helphire Group plc is a market leader in providing accident assistance tonon-fault motorists involved in road accidents. In partnership with theinsurance and motor industries, Helphire delivered accident managementsolutions, including vehicle replacement and legal representation, to over100,000 motorists in 2013, ensuring that they remain mobile until their ownvehicles are repaired or until they are put in a position to obtain areplacement. Following changes in the legislation that now enablesnon-solicitors to own law firms the Group now includes a number of legalpractices and the Group, which owns its own fleet of replacement vehicles, nowprovides a unique "one stop shop" providing comprehensive assistance to victimsof accidents covering both motor and other incidents. With effect from 23 May 2014, the Company's name will be changed to Redde plc.The new name, which is associated, in Latin, with the concept of restoration,more appropriately describes the Group's enlarged field of activities,strategic aims and wider business focus.