Issue of shares in the Sharesave Scheme

Pinewood Shepperton plc

Issue of shares in connection with the exercise of options under the Pinewood Shepperton plc Sharesave Scheme

Pinewood Shepperton plc ("Pinewood") announces that on 28 December 2011 it issued 1,243 ordinary shares of 10 pence each in the capital of Pinewood ("Pinewood Shares") following the exercise of options under the Pinewood Shepperton plc Sharesave Scheme.

Application has been made for the 1,243 shares to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's market for listed securities. Admission of the shares to the Official List and to trading on the London Stock Exchange's market for listed securities is expected to occur on 6 January 2012.

In accordance with DTR 5.6.1R, as a result of the above issue of shares, the issued share capital of Pinewood consists of 47,249,926 ordinary shares of 10 pence each, all of which have voting rights. The above figure may be used by Pinewood shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Pinewood under the FSA's Disclosure and Transparency Rules.

The Directors of Pinewood accept responsibility for the information contained in this announcement. To the best of the knowledge and belief of the Directors of Pinewood (who have taken all reasonable care to ensure that such is the case), the information contained in this announcement is in accordance with the facts and does not omit anything likely to affect the import of such information.

Enquiries:

Pinewood Shepperton plc

Ivan Dunleavy/Andrew Smith Tel: +44(0) 1753 651700