Transaction in Own Shares

Argo Group Limited ("Argo")

Argo announces that it has on 17 May 2016 repurchased 1,500,000 shares at 10.5 pence per share for cancellation.

The issued share capital of Argo following this repurchase is 61,023,494 shares.

Enquiries

Argo Group Limited

Kyriakos Rialas +357 22 668900

Panmure Gordon

Dominic Morley 020 7886 2500