B Marsh & Partners : Share Incentive Plan

Date: 28 June 2016

On behalf of: B.P. Marsh & Partners Plc

Immediate release

B.P. Marsh & Partners Plc

('B.P. Marsh' or the 'Company')

Share Incentive Plan

B.P. Marsh, the niche venture capital provider to early stage financial services businesses, announces that, further to its announcement on 29 March 2016 regarding the establishment of its HMRC sanctionedShare Incentive Plan ('SIP'), on 27 June 2016 a further 51,408 ordinary shares of 10 pence each('Ordinary Shares')in the Company, held in the B.P. Marsh SIP Trust, have been granted to eligible employees. All of the 51,408 Ordinary Shares granted were unallocated shares already held in the SIP.

A total of 9 eligible employees applied for the 2016-17 SIP and have each been granted 2,285 Ordinary Shares ('16-17 Free Shares'), representing £3,600 at the price of issue. Furthermore, all eligible employees have elected to take up the opportunity to acquire 1,142 Ordinary Shares ('Partnership Shares'), equating to £1,800 at the price of issue. For every Partnership Share that an employee acquires, the SIP Trust has allotted two Ordinary Shares ('Matching Shares') equating to 2,285 Ordinary Shares. In aggregate, each eligible employee will hold an additional 5,712 Ordinary Shares under the SIP. The 16-17 Free and Matching Shares are subject to a 1 year forfeiture period.

The Directors have participated in this award and further details of the Directors' interests in Ordinary Shares (as at today's date, following the award of 16-17 Free, Partnership and Matching Shares) are set out below:

At the date of this announcement, the total number of Ordinary Shares in issue is 29,226,040, and the total number of voting rights in B.P. Marsh, is 29,220,314. The Company holds 5,726 Ordinary Shares in Treasury. The figure of 29,220,314 may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

For further information:

B.P. Marsh & Partners Plc www.bpmarsh.co.uk

Brian Marsh OBE / Camilla Kenyon +44 (0)20 7233 3112

Nominated Adviser & Broker

Panmure Gordon

Fred Walsh / Charles Leigh-Pemberton / Atholl Tweedie +44 (0)20 7886 2500

Notes to Editors:

About B.P. Marsh & Partners Plc

B.P. Marsh's current portfolio contains thirteen companies. More detailed descriptions of the portfolio can be found atwww.bpmarsh.co.uk.

Since formation over 25 years ago, the Company has assembled a management team with considerable experience both in the financial services sector and in managing private equity investments. Many of the directors have worked with each other in previous roles, and all have worked with each other for at least five years.

Prior to Brian Marsh's involvement in the Company, he spent many years in insurance broking and underwriting in Lloyd's as well as the London and overseas market. He has over 30 years' experience in building, buying and selling financial services businesses, particularly in the insurance sector.

Alice Foulk joined B.P. Marsh in September 2011 having started her career at a leading Life Assurance company. In 2014 she took over as Executive Assistant to the Chairman, running the Chairman's Office and established herself as a central part of the management team.

In February 2015 she was appointed as a Director of B.P. Marsh and a member of the Investment Committee. In January 2016 Alice was appointed Managing Director of B.P. Marsh.

In her position as Managing Director, Alice is responsible for the overall performance of the Company and monitoring the Company's overall progress towards achieving the objectives and goals of the Company, as set by the Board.

Dan Topping is the Chief Investment Officer of B. P. Marsh, having been appointed as a Director in 2011. He joined the Company in February 2007, following two years at an independent London accountancy practice. Dan is the Senior Executive with overall responsibility for the portfolio and investment strategy of B.P. Marsh.

Dan graduated from the University of Durham in 2005 and is a member of the Securities and Investment Institute and the Institute of Chartered Secretaries and Administrators.

Dan is a standing member of the B.P. Marsh Investment and Valuation Committees and currently serves as a Board Director across the portfolio.

Camilla Kenyon was appointed as Head of Investor Relations at B.P. Marsh in February 2009, having four years' prior experience with the Company. She was appointed to the main board in 2011. Camilla is Chair of the New Business Committee evaluating new investment opportunities. She has a number of nominee directorships over two investee companies and is a standing member of the Investment Committee. She is a Member of the Investor Relations Society.

Jonathan Newman is a Chartered Management Accountant and is the Group Director of Finance and has over 17 years' experience in the financial services industry. Jon graduated from the University of Sheffield with an honours degree in Business Studies and joined the Group in November 1999, following two years at Euler Trade Indemnity and two years at a Chartered Accountants. Jon is a Member of the Chartered Global Management Accountants, the Chartered Management Accountants and the Chartered Institute of Securities and Investment.

Jon was appointed a Director of B.P. Marsh & Company Limited in September 2001, and Group Finance Director in December 2003 and was instrumental in the admission of the Group to AIM in February 2006. Jon is a member of the B.P. Marsh Investment and Valuation Committees and currently serves as a Board Director for Walsingham Motor Insurance Limited, and provides senior financial support and advice to all companies within the Group's portfolio as well as evaluating new investment opportunities.

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