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Panmure Gordon & Co. Board member and Think Chairman Michael Moe resigns

SAN FRANCISCO — September 2, 2008 — Panmure Gordon & Co plc announces that the chairman of its US business ThinkEquity, Michael Moe, has made the difficult decision to leave the Company to pursue other interests and to spend more time with his family.

Mr. Moe said: "I'm very proud of what the Think team has accomplished over the past seven years going from a start up to a leading investment bank for the growth economy. I believe strongly the best days for the company are ahead of it and I hope to work closely with the company in my new activities".

Tony Caplin, chairman of Panmure Gordon said: "Michael will be missed, and we appreciate his service to the Company. We wish him the best in his future endeavours".

Enquiries:

UK:
Nathaniel Webb, Global Communications Manager, Panmure Gordon & Co
Tel: +44 (0)20 7614 8333

About ThinkEquity LLC — A Panmure Gordon Company
Focused on the growth sectors of the economy, ThinkEquity provides research, equity financing, M&A advisory, institutional sales and trading, wealth management and asset management services to institutional investors, corporate and private clients, venture capitalists, entrepreneurs and financial sponsors. As a Panmure Gordon company, ThinkEquity accesses the combined financial expertise of professionals based in San Francisco, New York, Boston, Chicago, London, Liverpool and Geneva. Research-driven, we remain true to our founding principles: the power of growth, focus, deep domain expertise and people. www.thinkequity.com

About the Panmure Gordon Group
Founded in 1876, Panmure Gordon & Co. (PMR.L) is a leading independent institutional stockbroker and investment bank. Encompassing its US franchise, ThinkEquity, LLC, the Group employs approximately 240 professionals across the US, the UK, Singapore and Nyon, Switzerland, offering a blend of transatlantic financial services including research, sales and trading, wealth management and asset management. www.panmure.com