Board Change

25 January 2016

Lombard Risk Management plc

(the "Company")

Board Change

Lombard Risk Management plc (AIM: LRM.L), a leading global provider of integrated collateral management and regulatory reporting solutions for the financial services industry, has confirmed that Nick Davies has resigned as Director with immediate effect.

Philip Crawford, Executive Chairman, commented: "We are grateful to Nick for almost six years of service on the board. He steps down from the board having helped guide us through some years of substantial growth and significant change, and he leaves with our good wishes."

For further information, please contact:

Lombard Risk Management plc Tel: 020 7593 6700

Philip Crawford, Executive Chairman

Alastair Brown, CEO

Nigel Gurney, CFO

Panmure Gordon (UK) Limited Tel: 020 7886 2500

Nominated Adviser and Broker

Russell Cook

James Greenwood

Newgate Tel: 020 7653 9850

Bob Huxford

Robyn McConnachie

Adam Lloyd