Notice of General Meeting and Proposed Buyback

13 December 2013

Sarossa Capital Plc

("Sarossa" or the "Company")

Notice of General Meeting and Proposed Buyback of Shares

The Directors announce that the Sarossa is today posting to its shareholders a circular containing a notice convening a general meeting at which a resolution will be proposed to shareholders to authorise the Company to buy back up to 22,800,000 Ordinary Shares, such authority to expire on 30 June 2015, unless renewed prior to that time.

A copy of the circular is available on Sarossa's website, www.sarossacapital.com.

Contacts:

Sarossa Capital Plc

Mike Bretherton, Chairman 020 7099 7268

WH Ireland Limited (Nominated adviser)

Chris Fielding, Head of Corporate Finance 020 7220 1650

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