Tern Plc : Statement re Share Price Movement

Tern Plc
("the Company" or "Tern")

Share Price Movement

Tern Plc, the investment company specialising in the cloud and mobile technology sectors, has noted the recent increase in its share price. The Company can confirm that, other than matters which have been announced, there are currently no other developments it wishes or needs to bring to the attention of the market at this time.

Enquiries:

Tern plc	Tel. [phone]
Angus Forrest
WH Ireland NOMAD and Broker	Tel. [phone]
John Wakefield
Peterhouse Corporate Finance (Joint broker)	Tel. [phone]
Lucy Williams
Redleaf Polhill	Tel. [phone]
Charlie Geller

About Tern

Tern, Plc invests in technology companies, works to improve execution and seeks to sell them for a gain. We have a hands-on investment approach where we partner with management teams to provide strategic resources that build and grow great global companies. Value creation is at the core of our existence and our successes generating industry leading returns to help investors achieve their goals. (www.ternplc.com)

---

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Tern Plc via Globenewswire

HUG#1882878