Preference Shareholders General Meeting

T.F. & J.H. BRAIME (HOLDINGS) P.L.C.

("Braime" or the "Company")

Preference Shareholders General Meeting

The Company confirms today that it has dispatched a circular to holders of the preference shareholders to convene a general meeting of preference shareholders to be held at the Company's offices at Hunslet Road, Leeds LS10 1JZ on 31 July 2014 at 11:45 am.

At this meeting, the proposed resolution seeks the sanction of a majority of the holders of the preference shares of the Company to increase the borrowing powers of the Directors of the Company from one times the 'Adjusted Capital and Reserves' (as defined in the Articles of Association of the Company) to two times the 'Adjusted Capital and Reserves'. A resolution, to so increase the borrowing powers of the Directors of the Company (subject to such sanction), was unanimously passed by the Company's Ordinary Shareholders at the Annual General Meeting held on 16 May 2014.

A copy of the circular is available from www.braimegroup.com.

For further information please contact:

Nicholas Braime/Marcus Mills

0113 245 7491

W. H. Ireland Limited

Katy Mitchell LLB

0113 394 6628