R&Q Insurance Regulatory News (RQIH)

Randall & Quilter Investment Holdings Ltd

 ("Randall & Quilter" or the "Company")

Result of General Meeting

Proposed Return of Value to Shareholders of 3.4 pence per Existing Ordinary Share

17 October 2013

The Board of Randall & Quilter Investment Holdings Ltd. (AIM:RQIH) ("Randall & Quilter" or the "Company"), the specialist non-life insurance investor, service provider and underwriting manager, yesterday held the General Meeting referred to in the circular to shareholders ("Shareholders") of the Company dated 20 September 2013.

The special resolutions set out in the Notice convening the General Meeting have been duly passed.

As a result, the Company will now seek to make a return of value ("Return of Value") to Shareholders through the issue of N and O Shares. The Return of Value, which is expected to occur on 28 October 2013, is in place of an interim dividend for the 2013 year but the Company may choose to make future returns of value in addition to or instead of ordinary dividend payments, whilst maintaining its stated distribution policy.

The Return of Value will involve the issue to Shareholders of N Shares and/or O Shares and is intended to give Shareholders, where eligible under their prevailing tax regime (such as in the UK), the flexibility to receive a return of cash from the Company as capital or income for tax purposes, or a combination of the two.

Further details of the Return of Value, including the process by which eligible Shareholders can elect for N Shares or O Shares and the timetable for the Return of Value, is set out in the Company's circular to Shareholders dated 20 September 2013, a copy of which is available on the Company's website at http://www.rqih.com/investors/shareholder-information/documents/. The closing date for receipt of elections is 25 October 2013.

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Enquiries to:

Randall & Quilter Investment Holdings Ltd www.rqih.com

Tom Booth Tel: +00 1 441 247 8330

Numis Securities Limited

Stuart Skinner (Nominated Adviser) Tel: 020 7260 1000

Charles Farquhar (Broker) Tel: 020 7260 1000

Shore Capital Stockbrokers Limited

Dru Danford/Stephane Auton Tel: 020 7408 4090

FTI Consulting

Edward Berry / Tom Blackwell Tel: 020 7269 7297

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 14 insurance companies and captives in run-off (from the UK, US and Continental Europe) with net assets of c.£96.4m as at 30 June 2013

· 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 £76m 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. £8.9m as at 30 June 2013;

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