Statement regarding ZPG plc withdrawal

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION.

Gocompare.com Group plc

23 November 2017

Statement regarding ZPG plc withdrawal

Gocompare.com Group plc ("GoCompare") notes the announcement published by ZPG plc ("ZPG") on 23 November 2017 confirming that ZPG does not intend to make a further offer for GoCompare and is consequently bound by the restrictions under Rule 2.8 of the City Code on Takeovers and Mergers.

The Board is confident in the prospects for GoCompare and believes that it has an exciting future as an independent company with a focus on saving time and money for customers everywhere that in turn delivers attractive financial returns to all shareholders.

The Board's confidence in GoCompare's outlook is underpinned by:

- Transformation agenda - significant investment in talent has driven innovation including accelerated software releases resulting in material improvements in conversion

- Brand leverage - 10 years of brand investment has created an iconic brand which delivers strong cut-through supporting growth through an improved marketing margin

- Significant market growth opportunity - GoCompare believes that the switching market has growth potential; independent research has identified a £2 billion annual saving opportunity for those customers who have never switched *

Sir Peter Wood, Chairman commented:

"The Board believes that ZPG's proposals fundamentally undervalued GoCompare's prospects and therefore we unanimously and unequivocally rejected them. We strongly believe that GoCompare can deliver superior shareholder value as an independent company. We are all excited by GoCompare's continued evolution as an entrepreneurial, innovation-focused company with the ability to save people everywhere time and money."

Enquiries

Sources

* Populus research 5,000 switchers vs. non-switchers May 2017

Important notices

Deutsche Bank AG is authorised under German Banking Law (competent authority: European Central Bank) and, in the United Kingdom, by the Prudential Regulation Authority. It is subject to supervision by the European Central Bank and by BaFin, Germany's Federal Financial Supervisory Authority, and is subject to limited regulation in the United Kingdom by the Prudential Regulation Authority and Financial Conduct Authority. Details about the extent of its authorisation and regulation by the Prudential Regulation Authority, and regulation by the Financial Conduct Authority, are available on request or from www.db.com/en/content/eu_disclosures.htm.

Deutsche Bank AG, acting through its London branch ("DB London") is acting as financial adviser and corporate broker to GoCompare and no other person in connection with this announcement or any of its contents. DB London will not be responsible to any person other than GoCompare for providing any of the protections afforded to clients of DB London, nor for providing any advice in relation to any matter referred to herein. Neither DB London nor any of its affiliates owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of DB London in connection with this announcement, any statement contained herein or otherwise.

The information contained within this announcement is deemed by GoCompare to constitute inside information as stipulated under the Market Abuse Regulation (EU) No.596/2014. Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

Forward looking statements

Certain statements made in this announcement are forward-looking statements. Such statements are based on current expectations and assumptions and are subject to a number of known and unknown risks and uncertainties that may cause actual results, performance or achievements of GoCompare or industry results to differ materially from any future events, results, performance or achievements expressed or implied by such forward-looking statements. Persons receiving this announcement should not place undue reliance on any forward-looking statements. Unless otherwise required by applicable law, regulation or accounting standard, GoCompare disclaims any obligation or undertaking to update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise.

Additional information

The person responsible for arranging for the release of this announcement on behalf of GoCompare is Nick Wrighton.

Gocompare.com Group plc is listed on the London Stock Exchange (GOCO)

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