Trading Statement

5 August 2016

Sanne Group plc

("Sanne" or "the Group")

Trading statement

Sanne, the specialist provider of outsourced corporate, fund and private client administration, reporting and fiduciary services, today provides a trading update for the six months from 1 January 2016 to 30 June 2016 ahead of the interim results announcement due to be published on 7 September 2016.

The Group's core business lines have seen good growth in the first half of the year driven by strong momentum from new business opportunities delivered in the latter part of 2015. In the first six months of the year the Group has continued this momentum, securing new business from both new and existing clients totalling approximately £6.5 million on a projected annualised fee basis.

Acquisitions in Ireland and South Africa in the last six months, as well as the acquisition of Sorato Trust B.V. in the Netherlands, announced today, demonstrate the Group's commitment to a targeted acquisition strategy which develops market share, expands Sanne's asset and jurisdictional offering and creates opportunities for operational leverage.

While market uncertainty has been felt across many sectors of the economy in response to the result of the EU referendum, Sanne has comprehensive and regulated operational capabilities in a number of premier European financial centres, both inside and outside the EU, including the Channel Islands, London, Dublin and Luxembourg. The Group remains well placed to continue to service the ongoing structuring and administration requirements of its clients.

Overall, the Board expects to report results for the half year in line with its expectations and the pipeline of new business wins provides confidence about the Group's prospects for the remainder of the year.

Acquisition of Sorato Trust B.V.

Sanne is also pleased to announce that it has entered into an agreement to acquire Sorato Trust B.V. ("Sorato"), a Netherlands based domiciliation and associated corporate services business. Sorato has been Sanne's business partner in the Netherlands for more than five years and the acquisition brings Sorato's capability formally into the Sanne Group as well as delivering a regulated footprint in the Netherlands, which supports the Group's growth strategy in Europe. The transaction is due to complete within three months following receipt of the necessary regulatory approvals.

Sorato was founded in 1992 and is regulated in the Netherlands. Its core services include the provision of directors, registered office, tax compliance, accounts preparation, secretarial and regulatory reporting. Sorato reported EBITDA of c. €270,000 for the year to 31 December 2015 and total consideration for the acquisition will be c. €2.0 million.

Commenting, Dean Godwin, Chief Executive Officer said: "We are pleased with the performance of the Group in the first half and the continued new business wins gives us confidence in the future growth, despite the uncertainty the result of the EU referendum has created in some markets. The acquisition of Sorato also gives Sanne an in-house regulated capability in the Netherlands, a key jurisdiction we have identified to support our broader growth strategy in Europe. Sorato has a number of shared clients with Sanne and this will serve to strengthen the depth of the Group's institutional client relationships."

This announcement contains inside information.

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Notes - About Sanne

Sanne is a specialist global provider of outsourced corporate, fund and private administration, reporting and fiduciary services. Established for over 25 years and listed on the Main Market of the London Stock Exchange, Sanne employs approximately more than 500 people worldwide and administers structures and funds that have in excess of €110 billion of assets.

Key clients include alternative asset managers, financial institutions, family offices and corporates.

Sanne has a presence in established, international financial centres including Jersey, Guernsey, London, Luxembourg, Dublin, Malta, South Africa, Dubai, Hong Kong, Shanghai and Singapore.

www.sannegroup.com