Gamma Communications Regulatory News (GAMA)

20 April 2015

Gamma Communications plc

Director Shareholding

Gamma Communications plc ("Gamma") was today informed that on 17 April 2015, Yorkshire Building Society, as trustee of the Company's HM Revenue & Customs approved Gamma Share Incentive Plan (the "GSIP"), acquired ordinary shares of 0.25 pence each in the Company ("Partnership Shares") on behalf of the following Directors.

Additionally, in accordance with the terms of the GSIP, the following Directors were duly awarded one Matching Share for each Partnership Share purchased.

The Matching Shares will vest on the third anniversary of the date of the award subject to continued employment for those three years and the Partnership Shares being held throughout the same period.

The GSIP is run independently by Yorkshire Building Society who have purchased the Partnership Shares and Matching Shares in the open market on behalf of employees participating in the GSIP. As potential beneficiaries, the above Directors are deemed to have a potential beneficial interest in the trust's shares.

Enquiries:

Gamma Communications +44 (0) 333 006 5972

Bob Falconer, Chief Executive Officer

Andrew Belshaw, Finance Director

Investec Bank PLC +44 (0) 207 597 5970

NOMAD & Broker

Andrew Pinder, Dominic Emery, Patrick Robb

Tulchan Communications +44 (0) 207 353 4200

James Macey White

Matt Low