Acquisition of OTC Valuations Limited

5th March 2010

                              Tullett Prebon plc                               

                                Acquisition of                                 

                            OTC Valuations Limited                             

Tullett Prebon plc announces that it has reached agreement to acquire OTC
Valuations Limited ("OTC Val"), a provider of independent derivative valuation
services based in Vancouver, British Columbia, Canada.

The initial consideration for the acquisition is US$0.6 million (approximately
£0.4 million) payable in cash, with deferred consideration up to a maximum of
US$1.4 million (approximately £0.9 million) payable in cash subject to
achievement of certain future revenue targets.

OTC Val is being sold by its management shareholders, Miroslav Vanous, Robert
Sangha and Paul Bergbusch and other shareholders, being : David Bergbusch, John
Bergbusch, John Stingl, Gurdeep Gill, Adela Vanous, George Vanous Jr, Rizwan
Gehlen, Martin Drobny, Vlasta Drobny, Curtis Pyke, Gerald Pyke, Waldon Bent,
Sean Y Hwang, Lena Lai and Killarney Securities Corporation.

The acquisition is expected to be completed on or about March 17, 2010.

ENDS

For further information please contact:

Investors and Analysts                        Press

Nigel Szembel, Head of Communications         Charlotte Kirkham

Tullett Prebon plc                            M:Communications

44 (0)7802 362088                             44 (0)207 920 2331

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