Charles Taylor Regulatory News (CTR)

Date: 4 May 2016

On behalf of: Charles Taylor plc ("Charles Taylor" the "Group" or "Company")

Charles Taylor plc

Dividend Payment

The Company advises that in order to rectify an administrative error which set the dividend payment date of 6 May 2016 before the Company's AGM to be held on 17 May 2016, the Board intends to pay a dividend of 7p per ordinary share on 6 May 2016 as a Second Interim Dividend (instead of as a Final Dividend as proposed in the Company's Notice of AGM). This ensures that shareholders will receive their dividend on the date previously announced. Accordingly, the directors are withdrawing their recommendation to vote in favour of Resolution 3 (Final Dividend) set out in the Notice of AGM and propose that Resolution 3 (Final Dividend) will not be put to the Company's AGM.

All other aspects of the Second Interim Dividend proposed to be paid on 6 May 2016, including the rate of 7p per ordinary share, remain the same as the Final Dividend proposed in the Company's Notice of AGM.

The Board apologises for the error and regrets that shareholders will not have the opportunity to vote on the payment of the dividend this year.

-ENDS-

Notes to editors

About Charles Taylor

Charles Taylor plc is a leading provider of professional services to clients across the global insurance market. The Group has been providing services since 1884 and today employs over 1,300 staff in 69 offices spread across 28 countries in the UK, the Americas, Asia Pacific, Europe, the Middle East and Africa.

The Group offers services, principally on a fee-based model and operates through three businesses - Management, Adjusting and Insurance Support Services. Charles Taylor also owns insurers, creating value through select acquisitions and operational efficiency.

Further information is available at www.ctplc.com.

Statements made in this announcement that look forward in time or that express management's beliefs, expectations or estimates regarding future occurrences are "forward-looking statements" within the meaning of the United States federal securities laws. These forward-looking statements reflect the Group's current expectations concerning future events and actual results may differ materially from current expectations or historical results.