FIF.L Regulatory News (FIF)

Finsbury Food Group Plc ("Finsbury" or the "Company")

Issue of Equity and Total Voting Rights

The Company has applied for 2,317,824 ordinary shares of 1p each ("New Ordinary shares") to be admitted to trading on AIM ("Admission"). The New Ordinary Shares are being issued in relation to the settlement of options as set out in the announcement by the Company on 27 April 2016. It is expected that Admission will become effective and that dealings will commence in the New Ordinary Shares at 8.00 a.m. on 5 May 2016.

As at 28 April 2016 Finsbury's issued share capital consists of 130,383,361 Ordinary Shares. No Ordinary Shares are currently held in Treasury. The total number of current voting rights in the Company is therefore 130,383,361 Ordinary Shares.

The above figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the Company under the FCA's Disclosure and Transparency Rules.

28 April 2016