R&Q Insurance Regulatory News (RQIH)

RANDALL & QUILTER INVESTMENT HOLDINGS PLC

("Randall & Quilter")

Proposed Return of Value to Shareholders 

26 April 2013

The Board of Randall & Quilter Investment Holdings plc (AIM:RQIH) (the "Company"), the specialist non-life insurance investor, service provider and underwriting manager, today announces that the reduction of capital which was required to implement the Return of Value has been approved by the Court and has become effective.

Accordingly, payment to holders of Existing Ordinary Shares at the record time for the Return of Value (which was 5.00 p.m. on 2 April 2013) in respect of the Capital Repayment on the L Shares and the Special Dividend on the M Shares is expected to be made on or around 3 May 2013 as described in the circular posted to the Company's shareholders on 14 March 2013 (the "Circular") and in accordance with elections or deemed elections for the Capital Repayment or Special Dividend.

Following the above stated events, the Company confirms that the number of ordinary shares in issue is 50,133,002.

Copies of this announcement will be, and copies of the Circular containing more information in relation to the Return of Value and Reduction of Capital are, available on the Company's website at www.rqih.com. Terms defined in the Circular have the same meaning when used in this announcement.

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Enquiries to:

Notes to Editors:

Since formation, Randall & Quilter has pursued a buy and build strategy to create a comprehensive range of investment activities and services in the global non-life insurance market and is focused on the following three core areas:

·; Insurance Investments;

·; Insurance Services; and

·; Underwriting Management

The Group:

·; has a team of up to 400 insurance professionals based in the UK, USA, Bermuda, and Continental Europe with wide service capability in both the 'live' and 'run-off' market;

·; has a current portfolio of 12 insurance companies in run-off (from the UK, US and Continental Europe) with net assets of c.£91.3m as at 31 December 2012

·; owns a Bermuda Class 3A insurance company which currently supports the Group's four syndicate participations;

·; has launched Syndicate 1991 which commenced underwriting from January 1, 2013 with a Capacity of £77m for 2013, provides 'turnkey' management services to Lloyd's syndicate 1897, manages two RITC ('run-off') syndicates and owns and operates 3 MGA business units; and

·; acquires and manages a portfolio of insurance receivables, with a carrying cost of c.£6.5m as at 31 December 2012.

The Group was founded by Ken Randall, Executive Chairman and Chief Executive, and Alan Quilter, Chief Operating Officer.