Trading Update

FLETCHER KING PLC

TRADING UPDATE

Fletcher King plc (the "Company") announces that its turnover and profit before tax for the year ending 30 April 2019 are likely to be similar to that of the previous year.

Looking forward, the unprecedented political and Brexit uncertainties continue to severely impact lettings and sales in the UK property market in which the Company operates. As a result, it is increasingly difficult to assess the likely volume of our transactional business and thus our level of profitability.

However we believe our strong balance sheet and lack of debt is important in maintaining the Company's stability in challenging times.

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

Enquiries

Fletcher King plc

David Fletcher

Tel: 0207 493 8400

Cairn Financial Advisers LLP

James Caithie / Tony Rawlinson

Tel: 020 7213 0880