Subscription

22 October 2013

                             Norman Broadbent plc                              

                     ("Norman Broadbent" or "the Company")                     

                Fundraising to accelerate New Business Ventures                

Norman Broadbent is pleased to announce that it has raised £700,000 (the
"Subscription") through the issue of 1,750,000 new ordinary shares in the
capital of the Company at a price of 40 pence per share (the "Subscription
Shares") principally to existing institutional investors. The Subscription is
conditional upon admission of the Subscription Shares to trading on AIM
("Admission"). The proceeds of the Subscription will be utilised primarily to
accelerate the growth of Arcus Global Partners ("Arcus") and Connecting
Corporates, the two new complementary business ventures established by the
Company at the beginning of the year.

Arcus and Connecting Corporates, which operate in the growth areas of niche
contingent recruitment, interim and social media consultancy, have both
delivered encouraging revenue growth with strong momentum since establishment
and in the directors' opinion have the hallmarks of developing into profitable,
scalable and exportable businesses. The Subscription proceeds will enable the
Company to grow Arcus and Connecting Corporates quicker than originally
planned, through the accelerated hiring of key personnel and by developing
effective technology-driven processes to support the growth.

Application will be made for the Subscription Shares to be admitted to trading
on AIM with Admission expected to become effective on 25 October 2013.
Following Admission the Company will have 14,798,686 ordinary shares in issue.

Pierce Casey, Chairman of Norman Broadbent, commented:

"The directors have been encouraged by how receptive the market has been to the
flexible recruitment solutions offered by these new business ventures and
believe that with this additional investment and the continued support of the
established Group, the new businesses can achieve greater scale and
profitability more quickly."

Contacts:

Norman Broadbent plc                                   020 7484 0000           
Pierce Casey / Sue O'Brien / Ben Felton                                        
                                                                               
                                                                               
Sanlam Securities UK Limited (Nominated Adviser &      020 7628 2200           
Broker)                                                                        
Simon Clements / Virginia Bull / Catherine Miles                               

Notes to Editors

Norman Broadbent plc is a group of leading human capital consultancy
businesses. It offers board and executive search and leadership consultancy
services through Norman Broadbent, interim management, executive RPO and
contingent solutions through Arcus Global Partners and social media consulting
and recruitment services through Connecting Corporates. Headquartered in
London, the group operates globally and has offices in cities across Europe and
in Bogota, Dubai, Los Angeles and Singapore.

For further information visit www.normanbroadbent.com