Trading update and notice of results

1 June 2016

AFH Financial Group PLC

("AFH", or the "Company")

Trading update and notice of results

AFH, a leading financial planning led wealth management firm, announces its pre-close trading update ahead of its interim results for the 6 months ended 30 April 2016.

Trading in the first 6 months of the year continued strongly across the business, with like for like performance significantly ahead of the comparable period last year, and in line with the Board's expectations. The performance has been driven by both organic growth as well as the positive contribution from the Group's acquisitions. The Group has a strong pipeline of potential acquisition targets that it is actively evaluating and, following the successful placing in December 2015, has a strong balance sheet with which to fund any potential acquisitions that meet the Group's acquisition criteria.

The interim results for the 6 months ended 30 April 2016 will be announced on 29 June 2016.

Enquiries:

AFH Financial Group PLC 01527 577 775

Alan Hudson, Chief Executive Officer

Paul Wright, Chief Financial Officer

www.afhfinancialgroup.com

Allenby Capital Limited 020 3328 5656

(Nominated Adviser and Broker)

Nick Naylor

Chris Crawford

Nick Athanas

Camarco 0203 757 4985

Geoffrey Pelham-Lane / Jennifer Renwick