For release on 30 June 2016

Redde plc (’Redde', ‘Group’ or 'Company')

Pre Close Statement and anticipated Dividend

Current Trading

The Board of Redde is pleased to announce that, further to its Trading Update made on 28 April 2016, trading for the final quarter ending 30 June 2016 has continued the positive trend shown in the first 9 months of the year. Indications are that the operating results before exceptional costs for the financial year ending 30 June 2016 are likely to slightly exceed market expectations.

Results for the year to 30 June 2016 and anticipated Dividend

On 24 March 2016 the Company paid an interim dividend of 4.50 pence per share in respect of the year ending 30 June 2016.

The Board expects to announce the results for the year ended 30 June 2016 in the early part of September 2016.

Based upon trading to date the Board would expect to announce a further dividend at that time of not less than 5.00 pence per share making total dividends for the year ended 30 June 2016 of not less than 9.50 pence. This would represent an increase of 15.2% on the prior year (8.25 pence excluding the 2015 special dividend).

Notes for Editors:

About Redde plc:

Founded in 1992 and working predominantly with insurance companies, insurance brokers and prestige motor dealerships, the Redde Group of companies ("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 its activities also encompass a range of legal services designed to assist claimant parties in partnership with leading insurance companies, brokers and other bodies.

The Group is one of the market leaders in its fields of business; it delivers accident management solutions to motorists ensuring that they remained mobile until their own vehicles are repaired or until they are put in a position to obtain a replacement and it provides legal services to ensure they are properly compensated for their injuries and losses where appropriate.

The name Redde is associated, in Latin, with the concept of restoration.