Argo Group Limited ("Argo")

Transaction in Own Shares

Argo announces that it has on 5 December 2016 repurchased 175,000 shares at 15 pence per share for cancellation.

The issued share capital of Argo following this repurchase is 48,098,494 shares.

Enquiries

Argo Group Limited

Kyriakos Rialas                                                +357 22 668900

Panmure Gordon

Dominic Morley                                                020 7886 2500