4 November 2015

Ashley House plc (the "Company")

Share Options

At the Company's AGM in October, shareholders voted to approve a Management Incentive plan. Following this approval, the Remuneration Committee of the Company has now formally completed implementing the scheme.

Under the scheme, and with effect from 2 November 2015, the Company has granted share options to current Executive Directors and members of senior management in respect of 5,800,000 ordinary shares, representing 9.95% of the current issued share capital of the Company.

The options granted to the Executive Directors are as follows:

The remaining 1,600,000 share options have been granted to the senior management of the Company.

The options, which have an exercise price of 9.75p (which was approved at the AGM) will not be exercisable unless and until the Company's share price equals or exceeds 37p for a period of at least 90 consecutive days and upon exercise is at or above the 37p threshold.

Enquiries:

Ashley House plc                                                                                 01628 600 340

Antony Walters

Jonathan Holmes

WH Ireland                                                                                            0207 220 1666

(Nominated Adviser and broker to Ashley House plc)

Adrian Hadden

Mark Leonard