Statement re Share Price Movement

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

Craven House Capital plc

("Craven House" or the "Company")

Statement re Share Price Movement

The Company notes the fall in its share price. The Company can confirm that it was in dispute with a small unsecured creditor. This creditor had applied for a winding up order against the Company. The Company was made aware that certain historic documents in connection with this matter remain available on the internet.

The Company wishes to inform shareholders that the matter was resolved amicably and the petition withdrawn before any court hearing.

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About Craven House Capital:

Craven House Capital is a frontier and emerging market focused merchant bank seeking value oriented long term investments. Craven House invests in all segments of the capital structure in partnership with local entrepreneurs and the local business community. Craven House provides long term patient capital and is often involved in restructuring, expansion and turn around investments in crisis and transitioning economies.