Over-allotment Option & Post Stabilisation Notice

Over-allotment Option & Post Stabilisation Notice

13 March 2015

Not for distribution, directly or indirectly, in or into the United States, Canada, Japan or Australia or any jurisdiction in which such distribution would be unlawful.

John Laing Group plc

Over-allotment Option & Post Stabilisation Notice

Further to its announcement on 12 February 2015 relating to its initial public offering (the "Offer"), John Laing Group plc (the "Company") confirms that Barclays Capital Securities Limited (Contact: Ben West; Telephone: +44 20 7773 9531) in its capacity as Stabilising Manager, hereby gives notice that, in accordance with Commission Regulation (EC) No. 2273/2003 implementing the Market Abuse Directive (2003/6/EC), it has engaged in stabilisation transactions in respect of the following securities during the stabilisation period. No further stabilisation trades have or will take place.

For each of the dates during which stabilisation transactions were carried out, the price range was as follows:

Accordingly, Barclays Capital Securities Limited, as Stabilising Manager, exercised the over-allotment option (as described in the prospectus published by the Company on 29 January 2015) in respect of 9,500,205 ordinary shares in the Company on 13 March 2015, taking the total number of ordinary shares that were subject to the Offer to 137,125,623 and which has resulted in the total shareholding in the Company of HPC Nominees Limited(1) being reduced from 239,041,249 ordinary shares to 229,541,044 ordinary shares, or by approximately four per cent.

This announcement is not an offer of securities for sale, or a solicitation of an offer to purchase securities in the United States, Australia, Canada or Japan or in any jurisdiction to whom or in which such offer or solicitation is unlawful.

Neither this announcement nor any copy of it may be made or transmitted into the United States, or distributed, directly or indirectly, in the United States. Neither this announcement nor any copy of it may be taken or transmitted directly or indirectly into Australia, Canada or Japan or to any persons in any of those jurisdictions, except in compliance with applicable securities laws. Any failure to comply with this restriction may constitute a violation of United States, Australian, Canadian or Japanese securities laws. The distribution of this announcement in other jurisdictions may be restricted by law and persons into whose possession this announcement comes should inform themselves about, and observe, any such restrictions.

This announcement is not an offer of securities for sale into the United States. The securities to which this announcement relates have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act") or with any regulatory authority or under any applicable securities laws of any state or other jurisdiction of the United States, and may not be offered or sold within the United States unless registered under the Securities Act or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with applicable state law. There will be no public offer of the securities in the United States.

(1) Henderson Infrastructure Holdco (Jersey) Limited, the Selling Shareholder, distributed its entire shareholding in the Company to HPC Nominees Limited on 19 February 2015.