Result of General Meeting

7 June 2013

Vertu Motors plc (the "Company")

Result of General Meeting

Further to the announcement on 21 May 2013, Vertu Motors plc, the fast growing automotive retailer with a network of 92 sales and aftersales outlets across the UK, is pleased to announce that at the General Meeting held earlier today, the special resolution to approve the non-pre-emptive placing to raise gross proceeds of £50 million was duly passed.

Following the passing of the resolution, the Company will today issue 131,578,948 ordinary shares of 10p each in the Company ("Ordinary Shares"). Application has been made for the new Ordinary Shares to be admitted to trading on the AIM market of the London Stock Exchange ("Admission") and Admission is expected to occur at 8.00 a.m. on 10 June 2013.

Completion of the acquisition of Albert Farnell Limited, which remains conditional, inter alia, upon Admission, is expected by 13 June 2013.

Following Admission, the enlarged issued share capital will consist of 331,654,852 Ordinary Shares. All of these Ordinary Shares carry voting rights of one vote per Ordinary Share. There are no Ordinary Shares held in treasury and so the total number of voting rights in the Company following Admission will be 331,654,852.

The above figures should be used by shareholders following Admission as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

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