Transaction in own shares/Exercise of options/TVR

Arden Partners plc ("Arden" or the "Company")

Transaction in own shares, Exercise of options and Total Voting Rights

Transaction in own shares

Arden announces that yesterday it purchased 471,698 ordinary shares of 10 pence each in the Company ("Ordinary Shares") at a price of 53 pence per Ordinary Share. These Ordinary Shares will be held in treasury.

Exercise of options

Arden has allotted and yesterday issued 332,291 new ordinary shares of 10 pence each in the Company (the "Ordinary Shares") to satisfy the exercise of options by a former employee under the Arden Partners Share Plan 2007.

The Company has also today made an application to the London Stock Exchange for these new Ordinary Shares to be admitted to AIM. The new Ordinary Shares will rank pari passu in all respects with the existing Ordinary Shares in issue. It is expected that admission of the new Ordinary Shares will take place on 15 February 2011.

Total Voting Rights

Following the above purchase and exercise of options, Arden's issued Ordinary Share capital comprises 25,873,534 Ordinary Shares, of which 2,405,219 Ordinary Shares are now held in treasury, leaving a balance of 23,468,315 Ordinary Shares with voting rights.

The above figure (23,468,315 Ordinary Shares) 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 share capital of Arden under the FSA's Disclosure and Transparency Rules.

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