RM plc Share Option Grant

With reference to the announcement on 25 October 2011, in recognition of Martyn Ratcliffe's new role as Executive Chairman, and noting that Mr Ratcliffe has waived all remuneration since his appointment on 1 June until 30 November 2011, the Board has awarded Mr Ratcliffe share options over one million ordinary shares subject to a precondition to vesting that for each 2 share options Mr Ratcliffe must have purchased 5 RM shares prior to 30 November 2012. The share options will also be subject to a performance condition such that the closing mid-market share price must exceed 100 pence per share, in 20 consecutive trading days, prior to 30 November 2015. The award shall be made under the rules of the RM plc 2004 Unapproved Share Option Plan using the closing mid-market price of 51.125 pence per ordinary share on 25 October 2011.

Due to the nature of this share option grant and the share purchase matching conditions, the Board intend to request shareholder approval at the next AGM to exclude this share option grant from the ABI guidelines. Any future share option grants to Mr Ratcliffe will be subject to specific shareholder approval.