Notice of General Meeting

10 January 2013

MAM FUNDS PLC ("the Company")

NOTICE OF GENERAL MEETING

Notice is hereby given that a General Meeting of the Company will be held in the Maple Suite at 12 Austin Friars, London EC2N 2HE at 10.30 a.m. on 24 January 2013 for the purpose of considering and, if thought fit, passing the following Resolution, which will be proposed as a special resolution:

Special Resolution

THAT the name of the Company be changed to Miton Group plc.

Reasons for the proposed Change of Name of the Company

The Company is the AIM quoted parent of a fund management group operating through two FSA regulated companies: Miton Asset Management Limited and Miton Capital Partners Limited (which was formerly known as Midas Capital Partners Limited). In the quarter ended 31 December 2012 we consolidated our three existing fund brands operating within the Group under the one brand, Miton. We believe the changes brought about greater clarity for both the underlying investors in the funds managed by us and also for the investment market generally.

The Directors believe that changing the Company's name to Miton Group plc will reinforce the brand changes and will help to communicate the Group's product range to potential investors and intermediaries.

The Change of Name requires the approval of Shareholders under the Companies Act 2006 by way of a special resolution.

All words and phrases defined in the Circular shall have the same meaning when used in this announcement, except where the context otherwise requires.

For further information, please contact:

MAM Funds plc

Ian Dighé / Roger Bennett

Tel: 0118 9528 900

Peel Hunt LLP (Nominated Adviser and Broker)

Guy Wiehahn / Andy Crossley

Tel: 020 7418 8900

MHP Communications

Gay Collins / Reg Hoare

Tel: 0203 128 8100

Web: www.mamfundsplc.com

Notes to the editor:

MAM Funds plc is a leading multi-asset fund management specialist. The Group manages £1.7 billion of assets including nine OEICs, three investment trusts and segregated client accounts under the Miton brand.  Members of the fund management team invest in their own funds and are significant shareholders in the Group. MAM has offices in Reading, Liverpool and London.