Preference share redemption

BEALE PLC

PREFERENCE SHARE REDEMPTION

Beale PLC (the "Company") announces that following the closure of the Cinderford store on 20 July 2013 the Company has today redeemed 209,435 £1 preference shares on the basis set out in the Company's prospectus dated 20 April 2011.

Further Information

Beale PLC

Michael Hitchcock, Chief Executive

Tel: 01202 552022

Shore Capital

Anita Ghanekar

Edward Mansfield

Tel: 0207 408 4090