Bond Redemption

FOR IMMEDIATE RELEASE

25 November 2015

Hastings Group Holdings plc

Announcement of Redemption of Fixed and Floating Rate Senior Secured Notes

In line with the announcement made on 23 October 2015, Hastings Group Holdings plc confirms that its subsidiary, Hastings Insurance Group (Finance) plc, (the "Issuer"), has today redeemed the remaining outstanding Senior Secured Notes (the "Redeemed Notes"), outlined below:

- £150.0m Senior Secured Floating Rate Notes due 2019 and,

- £159.9m 8% Senior Secured Fixed Rate Notes due 2020,

This redemption was funded, in part, by the Issuer drawing down in full against its new £300.0m Term Loan Facility, which was agreed on 12 August 2015, with the remainder, including additional costs and accrued interest, being settled via the utilisation of existing free cash.

Enquiries 

Hastings GroupRichard Hoskins

Chief Financial Officer

T: +44 (0)1424 738244 ir@hastingsplc.com

Paul Pavey

Director of Investor Relations

T: +44 (0)1424 738203 ir@hastingsplc.com

Instinctif Partners

Mike Davies / Nick Woods

T: +44 (0) 207 457 2020 hastings@instinctif.com