Scrip Dividend

6 August 2014

                            Panther Securities PLC                             

                                (the "Company")                                

Additional Listing - Scrip Dividend

The Company is pleased to announce that shareholders holding 11,305,326
Ordinary Shares, representing 65.8 per cent. of the issued share capital of the
Company, have elected to take the scrip dividend in respect of the final
dividend of 9p per share for the year ended 31 December 2013. Accordingly, the
Company has allotted, subject to admission to trading as below, 301,008 new
Ordinary Shares. Following the issue of these shares, the total issued share
capital for Company will be 17,487,295 Ordinary Shares.

An application has been made to the UK Listing Authority and London Stock
Exchange for 301,008 Ordinary Shares to be admitted to trading, in relation to
the operation of the Scrip Dividend Scheme for the final dividend for the year
ended 31 December 2013. Dealings are expected to commence on 12 August 2014 and
the shares will rank pari passu with the existing issued ordinary shares of the
Company.

Directors' Shareholding

The following directors of the Company have elected to take the scrip dividend
and will be issued with the following Ordinary Shares on 12 August 2014:

                            Number of   Percentage of     Purchase         Date
                             Ordinary    issued share        price             
                               Shares         capital                          
                                                                               
Andrew Perloff                 29,096            0.17       338.0p   12/08/2014
                                                                               
Bryan Galan                     8,400            0.05       338.0p   12/08/2014
                                                                               
Simon Peters                    4,586            0.03       338.0p   12/08/2014
                                                                               
John Doyle                      1,645            0.01       338.0p   12/08/2014
                                                                               

Significant shareholders

Portnard Limited, a company in which A S Perloff and his family trusts have
beneficial interest in its shares, also elected to take the scrip dividend and
will be issued with the following Ordinary Shares on 12 August 2014:

                            Number of   Percentage of     Purchase         Date
                             Ordinary    issued share        price             
                               Shares         capital                          
                                                                               
Portnard Limited              212,256            1.21       338.0p   12/08/2014

Following the issue of the above Ordinary Shares on 12 August 2014, the
directors and Portnard Limited will have the following holdings, respectively;

                                        Number of Ordinary Percentage of issued
                                                    Shares        share capital
                                                                               
Andrew Perloff                                   4,241,783                24.26
                                                                               
Bryan Galan                                        323,902                 1.85
                                                                               
Simon Peters                                       183,143                 1.05
                                                                               
John Doyle                                          63,460                 0.36
                                                                               
Portnard Limited                                 8,183,662                46.80

For further information:

Andrew Perloff, Panther Securities plc:                    Tel: [phone]
Simon Peters, Panther Securities plc:                      Tel: [phone]
David Worlidge, Sanlam Securities UK                       Tel: [phone]