Response to Press Enquiry

FBD Holdings plc

29 June 2018

Response to Press Enquiry

FBD Holdings plc ("FBD" or the "Group") notes a recent press enquiry regarding internal allegations made against the Chief Executive, Fiona Muldoon. An investigation relating to this matter is ongoing. The investigation is being conducted with due regard to the rights of all the parties involved. Ms Muldoon remains in her position as Chief Executive of FBD.

This announcement contains inside information.

The person responsible for arranging for the release of this announcement on behalf of FBD is Derek Hall, Company Secretary. The date and time of this announcement is the same as the date and time that it has been communicated to the media, at 5:30 p.m. on 29 June 2018.

For further information please contact:

Powerscourt Telephone

Jack Hickey +353 83 4488 339