Share pledge by a connected party to a PDMR

ICAP plc (the "Company")

Share pledge by a connected party to a person discharging managerial responsibility (PDMR)

 On 21 November 2014, the Company was notified that IPGL Limited, a connected party to Michael Spencer, Group Chief Executive Officer, has granted security on 19 November 2014 to Barclays Bank plc over 105,569,560 ICAP ordinary shares held by its wholly owned subsidiaries, INCAP Finance B.V. and INCAP Overseas B.V.. At the same time the previous security in favour of HSBC plc and JP Morgan Chase Bank N.A. was discharged.

The notification letter is attached, please paste the following URL into the address bar of your browser.

http://www.rns-pdf.londonstockexchange.com/rns/7078X_-2014-11-21.pdf

Following this transaction, there is no change in Michael Spencer's interest in the Company. Michael Spencer owns a majority shareholding in IPGL Limited and is deemed to be interested in all the shares in ICAP plc held by IPGL Limited and its wholly owned subsidiaries INCAP Finance B.V. and INCAP Overseas B.V., totalling 105,819,560 shares. Michael Spencer's has a total interest in ICAP plc of 109,619,544 shares, 16.91% based on total voting rights of 648,351,277.

ICAP plc

21 November 2014

Contact:

Serra Balls Group Head of Communications, ICAP plc Tel: +44 20 7050 7103

Alex Dee Head of Investor Relations, ICAP plc Tel: + 44 20 7050 7123