RNS announcement

Palace Capital PLC

("Palace Capital" or the "Company")

Total voting rights

Palace Capital announces that the Company has in issue, as at the date of this announcement, 25,150,692 ordinary shares of 10p each with one voting right per share ("Ordinary Shares"). This figure excludes the 649,587 Ordinary Shares now held in treasury.

The aforementioned figure of 25,150,692 Ordinary Shares may be used by shareholders in Palace Capital as the denominator for the calculations by which they will determine if there are required to notify their interests in, or a change to their interests in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

-ends-

Date: 31 March 2017

For further information, contact:

Palace Capital plc

Neil Sinclair, Chief Executive

Stephen Silvester, Finance Director

Tel. 44 (0)20 3301 8331

Allenby Capital Limited (Nominated Adviser and Joint Broker)

Nick Naylor / James Reeve

Tel. 44 (0)20 3328 5656

Arden Partners plc (Joint Broker)

Chris Hardie / Ciaran Walsh

Tel. 44 (0)207 614 5917

Capital Access Group (Financial PR)

Scott Fulton / Jessica Bradford

Tel. 44 (0)20 3763 3400