Statement re Press Comment

29 July 2019

Stock Exchange Announcement

LIONTRUST ASSET MANAGEMENT PLC

Statement re Press Speculation

The Board of Liontrust Asset Management Plc ("Liontrust") notes yesterday's press speculation and confirms that it is in discussions with the controlling shareholders of Neptune Investment Management Limited ("Neptune"). There can be no certainty that the discussions will lead to any agreement concerning the possible acquisition by Liontrust of Neptune or as to the timing or terms of any such agreement. There can also be no assurance that, even if reached, any such agreement will be completed.

A further announcement will be made as and when appropriate.

For further information please contact:

Liontrust Asset Management 020 7412 1700

John Ions, Vinay Abrol www.liontrust.co.uk

Simon Hildrey - Chief Marketing Officer

Numis Securities Limited 020 7260 1000

Charles Farquhar

Macquarie Capital (Europe) Limited 020 3037 2000

Advisory - Jonny Allison, Kavita Choitram

Corporate Broking - Alex Reynolds, Alex Moraru

N+1 Singer Advisory LLP 020 7496 3000

Corporate Broking- Tom Salvesen

END