Repurchase of own shares

13 February 2018

THE CONYGAR INVESTMENT COMPANY PLC

Repurchase of own shares

Conygar announces that, in accordance with the terms of the general authority to make market purchases of its own shares granted to it by shareholders of the Company on 25 January 2018, the Company acquired 1,200,000 ordinary shares of 5 pence each in the capital of the Company ("Shares") on 12 February 2018 at a price of 150 pence per Share. The acquired shares will be held in treasury.

In conformity with Disclosure and Transparency Rule 5.6.1A, Conygar advises that, at the date of this announcement, the Company's issued share capital comprises 64,621,435 Shares (excluding 2,505,000 Shares held as treasury shares). Therefore, the Company's total number of Shares with voting rights is 64,621,435.

The above figure of 64,621,435 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

Enquiries:

The Conygar Investment Company PLC

Robert Ware / Ross McCaskill: 020 7258 8670

Liberum (Nominated Adviser and Broker)

Richard Bootle / Henry Freeman: 020 3100 2222

Temple Bar Advisory (Public Relations)

Alex Child-Villiers: 07795 425580