Issue of Ordinary Shares

SEVERFIELD PLC

Issue of Ordinary Shares

On 2nd March 2018 SEVERFIELD PLC (the "Company") issued from its block listing authority of 9 May 2017 5867 new Ordinary shares of 2.5p each. Following this issue, the Company has the ability to issue a further 102,135 ordinary shares under its block listing facility.

As a result of this issue, the total number of ordinary shares in issue now stands at 299,673,776 and the total number of voting rights in the Company is 299,673,776. There are no shares held in treasury.

The above figure of 299,673,776 may be used by shareholders as the denominator for the calculation by which they may determine if they are required to notify their interest in, or change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

Enquiries:

Mark Sanderson, Company Secretary

Contact details: 01845 577896

Severfield plc

Severs House

Dalton Airfield Industrial Estate

Thirsk

North Yorkshire

YO7 3JN

2nd March 2018

Legal Entity Identifier 21380025AWPR781CY104

Classification: 2.5