Statement re Press Comment

Tullett Prebon plc                             
   
                      ("Tullett Prebon" or the "Company")                    
   
  The board of Tullett Prebon notes recent press speculation regarding the
  Company and confirms that it is in preliminary discussions with a third
  party which may or may not lead to an offer being made for the entire
  issued share capital of the Company.
   
  Shareholders of Tullett Prebon should be aware that there is no certainty
  that an offer will be forthcoming. A further announcement will be made in
  due course.
   
  A copy of this announcement will be available at www.tullettprebon.com



  Dealing Disclosure Requirements
   
  Under the provisions of Rule 8.3 of the Takeover Code (the "Code"), if any
  person is, or becomes, "interested" (directly or indirectly) in 1% or more
  of any class of "relevant securities" of Tullett Prebon, all "dealings" in
  any "relevant securities" of that company (including by means of an option
  in respect of, or a derivative referenced to, any such "relevant
  securities") must be publicly disclosed by no later than 3.30 pm (London
  time) on the London business day following the date of the relevant
  transaction. This requirement will continue until the date on which the
  offer becomes, or is declared, unconditional as to acceptances, lapses or
  is otherwise withdrawn or on which the "offer period" otherwise ends. If
  two or more persons act together pursuant to an agreement or understanding,
  whether formal or informal, to acquire an "interest" in "relevant
  securities" of Tullett Prebon, they will be deemed to be a single person
  for the purpose of Rule 8.3.
   
  Under the provisions of Rule 8.1 of the Code, all "dealings" in "relevant
  securities" of Tullett Prebon by Tullett Prebon or by the potential
  offeror, or by any of their respective "associates", must be disclosed by
  no later than 12.00 noon (London time) on the London business day following
  the date of the relevant transaction.
   
  A disclosure table, giving details of the companies in whose "relevant
  securities" "dealings" should be disclosed, and the number of such
  securities in issue, can be found on the Takeover Panel's website at 
  www.thetakeoverpanel.org.uk .
   
  "Interests in securities" arise, in summary, when a person has long
  economic exposure, whether conditional or absolute, to changes in the price
  of securities. In particular, a person will be treated as having an
  "interest" by virtue of the ownership or control of securities, or by
  virtue of any option in respect of, or derivative referenced to,
  securities.
   
  Terms in quotation marks are defined in the Code, which can also be found
  on the Panel's website. If you are in any doubt as to whether or not you
  are required to disclose a "dealing" under Rule 8, you should consult the
  Panel.