Total Voting Rights

31 January 2014

Lombard Risk Management plc ("the Company")

Total Voting Rights

In accordance with the Financial Services Authority's Disclosure and Transparency Rules, the total number of ordinary shares of 0.5p each in the capital of the Company in issue as at the date of this notice is 263,366,260. The Company currently holds 234 Ordinary Shares in treasury which do not carry voting rights and therefore the total number of voting rights in the Company is 263,366,026.

The above figure of 263,366,026 may be used by shareholders 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 Disclosure and Transparency Rules.

For further information, please contact:

Lombard Risk Management plc Tel: 020 7593 6700

John Wisbey, CEO [email protected]

Paul Tuson, CFO [email protected]

Charles Stanley Securities Tel: 020 7149 6000

Nominated Adviser and Broker

Russell Cook / Carl Holmes

Newgate Threadneedle Tel: 020 7653 9850

Graham Herring / Robyn McConnachie