Tt Electronics Regulatory News (TTG)

19 March 2015

TT Electronics plc

Long Term Incentive Plan 2014

This notification is made in accordance with DTR 3.1.4(1)(a).

TT Electronics plc (the "Company") announces that conditional awards of ordinary shares of 25p each in the Company ("Shares") were made on 18 March 2015 to the following Executive Directors of the Company:

Executive Director Maximum Number of Shares

Richard Tyson 680,000

Mark Hoad 390,000

No consideration is payable for the grant of awards. The awards will normally vest three years from the date of grant, subject to achievement of the following performance conditions:

The performance target attached to 50 per cent of the award is based on earnings per share ("EPS") performance targets. 16.7 per cent of the shares subject to this part of the award will vest for EPS for the year ending 31 December 2017 of 10.0 pence, increasing on a straight-line basis to 66.7 per cent vesting for EPS for the year ending 31 December 2017 of 11.5 pence, increasing on a straight-line basis to 100 per cent vesting for EPS for the year ending 31 December 2017 of 12.4 pence.

The performance target attached to the other 50 per cent of the award is based on total shareholder return performance targets against the FTSE SmallCap (excluding Investment Trusts). 16.7 per cent of the shares subject to this part of the award will vest at median performance increasing on a straight-line basis to 100 per cent vesting at the upper quartile of the comparator group.

Awards will be subject to clawback provisions.

Major shareholders were consulted in advance of the awards being granted to Executive Directors in respect of quantum and the performance targets.

The Company was informed of the above transactions on 18 March 2015.

For further information please contact:

TT Electronics plc

Richard Tyson, Chief Executive Officer: Tel: + 44 (0)1932 825300

Mark Hoad, Chief Financial Officer:

MHP Communications

Tim Rowntree / John Olsen / Jamie Ricketts: Tel: +44 (0)20 3128 8100