• News Release •

                                   Redde plc

Issue Date: 27 April 2015

                                Trading Update

        Continued growth leads to current trading exceedingexpectations

The Board of Redde plc (`Company' or `Group') is pleased to announce that the
encouraging start to the second half of the Company's financial year has
continued with strong trading volumes for the third quarter of the financial
year leading to operating profits exceeding the Board's expectations.

Cash collections during the period since 31 December 2014 have continued to be
strong and, as a consequence, statutory debtor days at 31 March 2015 were
reduced to a new record 104 days compared to 108 days at 31 December 2014 and
116 days at 31 March 2014, and further reductions are expected.

Total cash balances at 31 March 2015 were £62.8 million compared to £63.2
million at 31 December 2014 and £48.8 million at 31 March 2014. Net cash
balances (net of fleet financing) were £36.0 million at 31 March 2015 compared
to £38.1 million at 31 December 2014 and £32.9 million at 31 March 2014. The
Company has also paid an interim dividend of 4.00 pence per share totalling £
11.3 million in the three months to 31 March 2015.

For further information contact:

Redde plc                                          Tel: 01225 321134
Martin Ward, Chief Executive Officer
Stephen Oakley, Chief Financial Officer

Cenkos Securities plc (Nominated Adviser and Joint Tel: 0207 397 8925 Broker)
Ian Soanes
Max Hartley

N+1 Singer Capital Markets Limited (Joint Broker)  Tel: 0207 496 3000
Alex Wright

Square1 Consulting                                 Tel: 0207 929 5599
David Bick
Mark Longson

Notes for Editors:

About Redde plc:

Founded in 1992 and working predominantly with insurance companies, insurance
brokers and prestige motor dealerships, the Group provides a range of accident
management and legal services. The Group also deals directly with large
national fleets providing incident management and mobility continuity and the
Group's activities also encompasses a range of legal services designed to
assist claimant parties in partnership with leading insurance companies,
brokers and other bodies.

The Redde group of companies is one of the market leaders in its fields of
business; it delivered accident management solutions to over 115,000 motorists
in 2014, ensuring that they remained mobile until their own vehicles were
repaired or until they were put in a position to obtain a replacement and it
provides legal services to over 30,000 claimants a year, ensuring they are
properly compensated for their injuries and losses. The name Redde is
associated, in Latin, with the concept of restoration.