Total Voting Rights - issue of B shares pursuant to LTIP

REDDE PLC ALLOTMENT AND ISSUE OF B SHARES UNDER LTIP TOTAL VOTING RIGHTS The Board of Redde plc ("Company") announces that in advance of the sharecapital reorganisation which was approved by Shareholders at the GeneralMeeting on 23rd May 2014 ("Share Capital Reorganisation") it had allotted nineB shares of 0.01 pence each in the Company ("B Shares") under the terms theCompany's B Share Incentive Scheme ("B Share Scheme"). This was to ensure nofractions were created as a result of the alterations to the B Share Schemethat took effect under the terms of the Company's articles as a result of theShare Capital Reorganisation. The allotment of the nine B Shares increased Stephen Oakley's interest in BShares prior to the Share Capital Reorganisation from 34,703,031 B Shares to34,703,040 B Shares. In accordance with articles of association of the Company, on the occurrence ofthe Share Capital Reorganisation, every 10 B Shares were automaticallyconsolidated into one B ordinary share of 0.1 pence ("New B Shares") so thatMartin Ward now holds 6,940,606 New B Shares and Stephen Oakley holds 3,470,304New B Shares. Following the Share Capital Reorganisation Martin Ward holds 138,280 (0.051%)ordinary shares of 0.1 pence each in the capital of the Company ("OrdinaryShares"), Stephen Oakley holds 40,000 (0.015%) Ordinary Shares and MarkMcCafferty holds 30,000 (0.011%) Ordinary Shares. Following the Share Capital Reorganisation the Company has 272,663,740 OrdinaryShares in issue, each with voting rights, which figure may be used byshareholders in the Company as the denominator for the calculations by whichthey will determine if they are required to notify their interest in, or achange to their interest in, the share capital of the Company under theFinancial Conduct Authority's Disclosure and Transparency Rules. For further information, contact: Redde plc 01225 321134Martin Ward, Chief Executive OfficerStephen Oakley, Chief Financial Officer Cenkos Securities plc 0207 397 8900Ian SoanesMax Hartley Square1 Consulting 02079295599David BickMark Longson Notes to Editors: Through its accident management subsidiaries ("Helphire") Redde plc ("Group")is a market leader in providing accident assistance to non-fault motoristsinvolved in road accidents. In partnership with the insurance and motorindustries, Helphire delivered accident management solutions, including vehiclereplacement and legal representation, to over 100,000 motorists in 2013,ensuring that they remain mobile until their own vehicles are repaired or untilthey are put in a position to obtain a replacement. Following changes in thelegislation that now enables non-solicitors to own law firms the Group nowincludes a number of legal practices and the Group, which owns its own fleet ofreplacement vehicles, now provides a unique "one stop shop" providingcomprehensive assistance to victims of accidents covering both motor and otherincidents. With effect from 23 May 2014, the Company's name changed to Redde plc fromHelphire Group plc. The new name, which is associated, in Latin, with theconcept of restoration, more appropriately describes the Group's enlarged fieldof activities, strategic aims and wider business focus.