Shawbrook Group Regulatory News (SHAW)

Shawbrook Group plc

21 October 2015

NOT FOR DISTRIBUTION OR RELEASE IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA OR JAPAN, OR IN ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES OF SECURITIES WOULD BE PROHIBITED BY APPLICABLE LAW

Launch of £75 million subordinated note issue

Shawbrook Group plc ("Shawbrook") is pleased to announce the successful launch of £75 million Fixed Rate Reset Callable Subordinated Notes due 2025 with an initial semi-annual coupon of 8.50% (subject to reset in accordance with the terms of the Notes). Shawbrook expects the Notes to be issued on 28 October 2015. The sole lead manager for the issue is BofA Merrill Lynch.

Shawbrook intends to use the proceeds of the Notes to support its planned business activities including any future medium-term growth.

For further information, please contact

Shawbrook Group plc

www.shawbrook.co.uk

Dylan Minto, Head of Business Planning & Head of Investor Relations

+44 (0)1277 897480

Important Notices

This announcement is an advertisement and for information only and does not constitute or form part of, and should not be construed as, an offer to sell nor is it a solicitation of an offer to buy securities in any jurisdiction where it is unlawful to do so.

The offering and the distribution of this announcement and other information in connection with any offer in certain jurisdictions may be restricted by law and persons who come into possession of this announcement or any document or other information referred to herein should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities law of any jurisdiction.

This announcement is being communicated (a) outside the United Kingdom only to persons to whom it is lawful to communicate this announcement; and (b) in the United Kingdom only to qualified investors (i) who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Order") or (ii) who are persons falling within Article 49(2)(a) to (e) of the Order (all such persons together being referred to as "relevant persons").

This announcement is not an offer of securities for sale in the United States or in any other jurisdiction to whom or in which such offer or solicitation is unlawful and is not for publication or distribution to U.S. persons (within the meaning of Regulation S under the United States Securities Act of 1933, as amended ("the Securities Act")). The Notes have not been and will not be registered under the Securities Act and may not be offered or sold within the United States or to or for the account or benefit of a U.S. person except in certain transactions exempt from, or not subject to, the registration requirements of the Securities Act.