SPECIAL DIVIDEND ANNOUNCEMENT

In keeping with the directors’ decision to distribute cash balances above £5m for which the company has no immediate investment or acquisition use, a further special dividend of 50p will be paid on 30 April 2019 to shareholders on the register at 28 March 2019, subject to shareholders’ approval.

This will be the third special dividend paid to shareholders, the second being 25p per share paid in September 2018 and the first being 50p per share paid in July 2016.

Robert Essex

Chairman

10 April 2019