Transaction in own shares

10 September 2019

Arbuthnot Banking Group PLC

Transaction in own shares

Arbuthnot Banking Group PLC ("Arbuthnot" or the "Company") announces that on 10 September 2019 it acquired 7,408 Ordinary Non-Voting Shares, representing 4.85 per cent. of that class of share at a price of £11.1277 per Ordinary Non-Voting Share. The shares purchased will be held in treasury.

Following this purchase the total number of Ordinary Non-Voting Shares held in treasury is 11,310 and the total number of Ordinary Non-Voting Shares in issue (excluding shares held as treasury shares) is 141,311. The Company also has 14,889,048 Ordinary Shares in issue (excluding 390,274 shares held as treasury shares).

The Directors of the Company accept responsibility for the contents of this announcement.

Enquiries:

Arbuthnot Banking Group 0207 012 2400

Sir Henry Angest, Chairman and Chief Executive

Andrew Salmon, Group Chief Operating Officer

James Cobb, Group Finance Director

Grant Thornton UK LLP (Nominated Adviser and 0207 383 5100

NEX Exchange Corporate Advisor)

Numis Securities Ltd (Joint Broker) 0207 260 1000

Stephen Westgate

Shore Capital (Joint Broker) 0207 408 4090

Hugh Morgan/ Daniel Bush

Maitland/AMO (Financial PR) 0207 379 5151

Neil Bennett / Jais Mehaji / Sam Cartwright