PCF.L Regulatory News (PCF)

4 April 2016

Private & Commercial Finance Group plc

("PCFG" or the "Company")

Conversion of Loan Notes

Private & Commercial Finance Group plc ("PCFG" or the "Company") announces that the Company has received conversion notices for an aggregate of 421,974 £1 nominal 6% Convertible Unsecured Loan Notes 2016 ("2016 CULS"). The 2016 CULS have a conversion price of 8.5 pence per share and therefore the above conversion will result in the issue of 4,964,397 new ordinary shares of 5p each in the Company (the "New Shares").

Application has been made for the New Shares to be admitted to trading on AIM and it is expected that admission will take place on or around 7 April 2016.

Following the admission of the New Shares to trading on AIM, there will be 159,127,243 ordinary shares of 5p each and 956,331 2016 CULS in issue.

The above figure of 159,127,243 ordinary shares of 5p each may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's DTR rules.

For further information please contact:

About Private & Commercial Finance Group plc

Established in 1994, Private & Commercial Finance Group plc is an AIM-quoted finance house which has two main operating divisions:

· Consumer Finance which provides finance for motor vehicles to consumers; and

· Business Finance which provides finance for vehicles, plant and equipment to SMEs.

The Group has a highly efficient and scalable business model, utilising its specially developed internet-based proposal system to service national networks of brokers and suppliers.