Subscription

22 October 2013 Norman Broadbent plc ("Norman Broadbent" or "the Company") Fundraising to accelerate New Business Ventures Norman Broadbent is pleased to announce that it has raised £700,000 (the"Subscription") through the issue of 1,750,000 new ordinary shares in thecapital of the Company at a price of 40 pence per share (the "SubscriptionShares") principally to existing institutional investors. The Subscription isconditional upon admission of the Subscription Shares to trading on AIM("Admission"). The proceeds of the Subscription will be utilised primarily toaccelerate the growth of Arcus Global Partners ("Arcus") and ConnectingCorporates, the two new complementary business ventures established by theCompany at the beginning of the year. Arcus and Connecting Corporates, which operate in the growth areas of nichecontingent recruitment, interim and social media consultancy, have bothdelivered encouraging revenue growth with strong momentum since establishmentand in the directors' opinion have the hallmarks of developing into profitable,scalable and exportable businesses. The Subscription proceeds will enable theCompany to grow Arcus and Connecting Corporates quicker than originallyplanned, through the accelerated hiring of key personnel and by developingeffective technology-driven processes to support the growth. Application will be made for the Subscription Shares to be admitted to tradingon AIM with Admission expected to become effective on 25 October 2013.Following Admission the Company will have 14,798,686 ordinary shares in issue. Pierce Casey, Chairman of Norman Broadbent, commented: "The directors have been encouraged by how receptive the market has been to theflexible recruitment solutions offered by these new business ventures andbelieve that with this additional investment and the continued support of theestablished Group, the new businesses can achieve greater scale andprofitability more quickly." Contacts: Norman Broadbent plc 020 7484 0000Pierce Casey / Sue O'Brien / Ben Felton Sanlam Securities UK Limited (Nominated Adviser & 020 7628 2200Broker)Simon Clements / Virginia Bull / Catherine Miles Notes to Editors Norman Broadbent plc is a group of leading human capital consultancybusinesses. It offers board and executive search and leadership consultancyservices through Norman Broadbent, interim management, executive RPO andcontingent solutions through Arcus Global Partners and social media consultingand recruitment services through Connecting Corporates. Headquartered inLondon, the group operates globally and has offices in cities across Europe andin Bogota, Dubai, Los Angeles and Singapore.

For further information visit www.normanbroadbent.com