About ThinkEquity

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Directorate Change

15 October 2008 — Panmure Gordon and Co. plc announces that Deborah Quazzo, a director of the Company and co-founder and president of its US business, ThinkEquity, has decided to leave the firm to pursue other interests. She will remain with the firm until 30 November to ensure an orderly transition, but will step down from the Board with immediate effect.

Enquiries:

Tim Linacre, Chief Executive
David Liddell, Chief Financial Officer
Tel: 020 7459 3600

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