Director/PDMR Shareholding

21 January 2014 Energiser Investments plc ("Energiser" or the "Company") Director's Dealing Energiser Investments plc was advised on 20 January 2014 that Mr Nishith Malde,a director of the Energiser, acquired shares in the Company on that day asfollows: Director Price per Number of Total beneficial Holding as a share shares holding subsequent to percentage of issued the dealing share capital Nishith Malde 3p 375,00* 6,310,646 14.4% *of the 375,000 shares acquired, 100,000 ordinary shares have been transferredto a family member, as defined by the AIM Rules for Companies, resulting in nochange to Mr Malde's beneficial holding. The issued share capital of the Company comprises 43,787,956 ordinary shares of0.1p per share. For further information, please visit www.energiserinvestments.co.uk orcontact: Energiser Investments plc +44 1494 762 450 Nishith Malde Cairn Financial Advisers LLP +44 20 7148 7900 Jo Turner / Liam Murray