Notice of GM and share buyback

4 September 2015

AFH FINANCIAL GROUP PLC

("AFH" or the "Company")

Convening of general meeting and proposed purchase of shares from a former director

The Directors of AFH, a leading financial planning led investment management firm, announces that the Company has posted a circular to its shareholders convening a general meeting of the Company convened for 11:00 a.m. on Tuesday, 22nd September 2015 at AFH House, Buntsford Drive, Stoke Heath, Bromsgrove B60 4JE (the "General Meeting").

The General Meeting will seek shareholder approval of a special resolution giving the board a general authority, under section 701 of the Companies Act 2006, to make one or more market purchases of up to 1,005,415 ordinary shares of 10 pence each in the Company ("Ordinary Shares"), representing approximately 5 per cent. of the issued Ordinary Share capital of the Company at a minimum price of 95% and a maximum price 105% of the average of the closing middle market price for an Ordinary for the five business days immediately prior to the day the purchase is made. The authority shall expire on the earlier of the date falling 15 months after the date of the passing of this resolution and the conclusion of the next annual general meeting of the Company unless previously revoked, varied or renewed.

The meeting will also seek shareholder approval for the purchase, by AFH, of 165,666 Ordinary Shares from Toby Denne, a former director of the Company for an aggregate consideration of £248,499.

Enquiries:

AFH Financial Group PLC 01527 577 775

Alan Hudson, Chief Executive Officer

Paul Wright, Chief Financial Officer

www.afhfinancialgroup.com

Allenby Capital Limited 020 3328 5656

(Nominated Adviser and Broker)

Nick Naylor

Chris Crawford

Nick Athanas

Yellow Jersey PR Limited 07768 537 739

Dominic Barretto

Kelsey Traynor