Amigo Resources Regulatory News (AMGO)

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

FOR IMMEDIATE RELEASE

6 March 2020

Amigo Holdings PLC

("Amigo" or the "Company")

Consultant Appointment

Amigo is pleased to announce that Glen Crawford will be joining the Company as a consultant, with immediate effect, to assist the Company with the strategic review and Formal Sale Process.

Glen has extensive experience in the market in which the Company operates, having formerly been the CEO of the Company and the CEO of Cabot Financial.

Glen's appointment will be for a period of six months and can be terminated by either party on one week's prior written notice.

Stephan Wilcke, Chairman of Amigo said: "We are pleased to welcome Glen back into the Amigo team and I have no doubt that his experience and advice will be beneficial to the company and its shareholders at this time."

Contacts:

Company

Amigo Holdings PLC investors@amigo.me

Kate Patrick Head of Investor Relations

Roger Bennett Company Secretary

Investor Relations

Hawthorn Advisors amigo@hawthornadvisors.com

Lorna Cobbett Tel: +44 (0)20 3745 4960

Corporate Broker and Lead Financial Adviser

RBC Capital Markets Tel: +44 (0)20 7653 4000

Oliver Hearsey

Marcus Jackson (Corporate Broking)

Joint Financial Adviser

Houlihan Lokey Tel: +44 (0)20 7907 4245

Lawrence Guthrie

Christian Kent

Yashin Mody

Senior Secured Notes

This announcement constitutes notice by Amigo Luxembourg S.A. (the "Issuer") to the holders of the Issuer's 7.625% Senior Secured Notes due 2024 (for the notes issued pursuant to Rule 144A of the United States Securities Act of 1933, ISIN: XS1533928468 and Common Code: 153392846; for the notes issued pursuant to Regulation S of the United States Securities Act of 1933, ISIN: XS1533928625 and Common Code: 153392862) (the "Notes") issued pursuant to pursuant to Section 4.03(a)(3) of an indenture dated January 20, 2017 among, inter alia, the Issuer, the guarantors named therein and U.S. Bank Trustees Limited, as trustee and security agent. Amigo Holdings PLC is the indirect parent company of the Issuer. This announcement shall constitute a "Report" to holders of the Notes.

ENDS