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, 25,650,692 ordinary shares of 10p each with one voting right per share ("Ordinary Shares"). The above figure excludes the 149,587 Ordinary Shares now held in treasury.

The aforementioned figure of 25,650,692 Ordinary Shares may be used by shareholders in the Company 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 Company under the FCA's Disclosure and Transparency Rules.

-ends-

Date: 30 June 2016

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)

Simon Courtenay

Tel. 44 (0)20 3763 3400