New Revolving Credit Facility

FOR IMMEDIATE RELEASE

29 July 2016

Arrow Global Group PLC

New £180 Million Multi-Currency Revolving Facility

Arrow Global Group PLC (the "Group"), one of Europe's leading purchasers and managers of debt, is pleased to announce that it has today successfully refinanced its £180 million multi-currency revolving credit facility (the "RCF") provided by four banks.

The facility has a reduced margin of 2.75%, a reduction of 100bps. The maturity of the RCF has been extended to 30 November 2019 with a committed option of further extension to 31 July 2021. The cancellation of the previous RCF will result in a non-cash pre-tax cost of c£3m, relating to writing off previous transaction fees, this will be treated as a non-recurring item in the group accounts.

The refinancing of the RCF reduces the Group's average cost of debt and further extends the average maturity.

Commenting, Rob Memmott, Group Chief Financial Officer, said:

"We continue to benefit from a diversity of funding. Our average debt maturity now stands at more than five years on improved terms, reflecting the strength of the Group's balance sheet. The refinanced RCF, coupled with the Euro bonds issued earlier this year, means that we have significant liquidity to support our on going growth strategy."

ENQUIRIES:

Arrow Global Group PLC +44 (0)161 242 5896

Tom Drury, Group Chief Executive Officer

Robert Memmott, Group Chief Financial Officer

Dan Hartley, Group Treasurer

Instinctif +44 (0)20 7457 2020

Mike Davies

Giles Stewart