Secure Trust Bank Regulatory News (STB)

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Secure Trust Bank PLC ("Secure Trust Bank" or the "Company")

COMPLETION OF PLACING

Secure Trust Bank announces the successful completion of the placing announced earlier today (the "Placing").

1,481,482 new ordinary shares of 40 pence each (the "Placing Shares") have been placed by Canaccord Genuity Limited at a price of 1350p per Placing Share, raising proceeds of approximately £20.0 million (before expenses). The Placing Shares being issued represent 10.5 per cent. of the issued ordinary share capital of the Company prior to the Placing and have been placed at a discount of 4.9 per cent. to the closing price on 19 November 2012.

Arbuthnot (the largest shareholder in the Company) will subscribe for 370,371 Placing Shares in the Placing with its subscription proceeds offset against the principal amount of the subordinated debt balance between Arbuthnot and the Company, which today amounts to £5.0 million. Following the Placing, Arbuthnot's aggregate shareholding in the Company will reduce from 75.5 per cent. of the existing issued ordinary share capital to approximately 70.7 per cent. of the enlarged issued ordinary share capital.

The Placing Shares have been conditionally placed with institutions and Arbuthnot. The Placing is conditional, amongst other things, on Secure Trust Bank shareholders approving the appropriate resolutions. A circular relating to the Placing (the "Circular") will be posted to shareholders today. The Circular contains a notice of a General Meeting to approve, inter alia, resolutions necessary for the Placing which will be held at Arbuthnot House, 20 Ropemaker Street, London EC2Y 9AR on 6 December 2012 at 11.00 a.m. The Circular will also soon be available to view on the Company's website (www.securetrustbank.com). Copies will also be available at Arbuthnot House, 20 Ropemaker Street, London EC2Y 9AR. Arbuthnot intends to vote its 75.5 per cent. holding in favour of the resolutions at the General Meeting.

Dealings in the Placing Shares are expected to commence on AIM at 8.00 a.m. on 7 December 2012.

The Placing Shares, when issued, will be fully paid and will rank pari passu in all respects with the existing issued ordinary shares in the share capital of the Company including the right to receive all dividends and other distributions declared, made or paid after the date of issue of the Placing Shares.

Enquiries:

Secure Trust Bank PLC

Notes to Editors

Secure Trust Bank is a retail bank operating in the UK. Lending activities comprise motor finance, retail point of sale finance and personal unsecured lending. Lending is funded by customer deposits, comprising instant access, notice and term deposit accounts, fee-based current accounts and the OneBill account, a household budgeting product.