Quindell's Technology Goes Live at Ageas

Embargoed for release at 7.00am 3 July 2013

Quindell Portfolio Plc

("Quindell" or the "Group")

Quindell's Technology Goes Live at Ageas

Quindell Portfolio Plc, (AIM:QPP.L) a leading provider of software, consulting and technology enabled outsourcing services to the insurance, telecommunications and other related markets is pleased to announce that Ageas, one of the largest UK insurers with over 8 million policy holders, has successfully implemented and 'gone live' with Quindell's Napier rating and underwriting engine. Quindell has worked with Ageas to provide their insurance advisors with an automated premium calculator, providing flexibility around net premium calculations and commission charges for their Ageas 50 motor product, which includes two consumer brands - RIAS and Castle Cover.

The implementation accesses on-line rating factors from RIAS' legacy application and passes them to Napier for re-calculation without having to make changes to the legacy system itself.

Work has already commenced to extend Quindell's Napier technology across both Motor and Household products for RIAS and Castle Cover brands.

Andy Watson Chief Executive of Ageas UK commented, "Quindell have stood up to the challenge of implementing the technology into our production environment in a short timescale and within budget. We are delighted with the results so far and look forward to further success as we roll out the solution across other lines of business".

Robert Thomson, Chief Executive of Quindell's Global Software and Consulting Solutions Division commented, "To have a leading insurer such as Ageas further endorse Quindell's technology is fantastic. Quindell's technology supports all insurers needs for underwriting, policy and claims including telematics based insurance. The project team from Ageas and Quindell have worked hard to deliver the business benefit in a very short timescale and we look forward to further success together".

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Notes to Editors:

About Quindell Portfolio Plc

Quindell Portfolio Plc is a provider of sector leading expertise in Software, Consulting and Technology Enabled Outsourcing in its key markets being Insurance, Telecommunications and their Related Sectors. Quindell joined the market through Mission Capital Plc on 17 May 2011. Quindell finished 2012 with run rate revenue of more than £300 million.

Our Industry Sectors

In today's digital world the line between traditional industry sectors continues to blur, however the focus on tight service management is common to them all. We believe that excellent customer service, tight cost control and integrated supply chain management is not the prerogative of any single industry sector and with our solutions in multiple industry sectors savings of over 20% against industry norms are being delivered to the bottom line.

Our Solutions

The pressures on an organisation can come simultaneously from multiple directions including the need to add customers, increase wallet share, reduce costs and improve customer satisfaction. At Quindell we have the People, the Processes and the Supply Chains, underpinned by our sophisticated Champion and Challenger Business Process Management Technology Platform and Industry Solutions to help our customers tackle these efficiently and effectively.

With a clear understanding that having the best products and services on offer is not always enough and that getting your customers to use or adopt them is key, effective conversion lies at the core of our unique Champion and Challenger tools and techniques. Using these solutions Quindell has helped its customers achieve sales and service conversion rates ranging from 75% to 90%, way above industry norms. But life does not stand still, and complacency can kill any business, so the embedded Champion and Challenger continual improvement focus of our Learning Solutions is at the heart of all we offer. Using our industry insight and expertise, Quindell takes the holistic view of our client's challenges.

For example, when considering the Insurance industry today where 50% of the cost of an auto claim is associated with Personal Injury, including legal services, medical reporting and rehabilitation, it is clear that an organisation will not be able to achieve the levels of savings and customer satisfaction desired without addressing the injury to the driver as well as the repair of the vehicle. This is why at Quindell we have designed our insurance solutions and supply chains to address the full end to end cycle, with the ability and expertise to treat an injured party as well as repairing their vehicle. This makes Quindell a truly unique and ethically based proposition for the insurance industry today.

Our Customers

Quindell Portfolio's companies have worked with over 2000 brands from Small to Medium Enterprises and Blue-chip organisations around the globe. Today we count a number of the world's top Insurance and Telecommunications blue chip companies within our client base, as well as hundreds of customer centric organisations working in both the distribution and supply of their services.

Our award winning Business Transformational, Software, Consulting and Outsourcing Solutions are recognised as delivering significant savings and additional sales to our customers every year.

For further information, please visit www.quindell.com