Derwent London Regulatory News (DLN)

DERWENT LONDON PLC

(the "Company")

Scrip Dividend SCHEME

Ordinary Shares of 5.0p each

The Company offers shareholders the opportunity to take new ordinary shares, credited as fully paid, in lieu of cash dividends, by participating in a Scrip Dividend Scheme.

In relation to the final dividend for 2014, the price of a new ordinary share under the Scrip Dividend Scheme has been set at 3448.2 pence. This is the average of the Company's middle market closing price for the five consecutive dealing days commencing on the ex-dividend date of 7 May 2015.

Shareholders wishing to participate in the Scrip Dividend Scheme and who have not already returned a mandate form should contact our Registrar, Equiniti on the share dividend helpline on 0871 384 2192 (or +44 (0)121 415 7047 for calls made from outside the United Kingdom) and return a mandate form to Equiniti to arrive no later than 15 business days before the dividend payment date of 12 June 2015. Mandate forms are also available on the Group's website: www.derwentlondon.com.

T J Kite

Company Secretary

18 May 2015