Subsidiary Announces Results of Bond Exchange O...

25 June 2009

Tullett Prebon plc

Tullett Prebon plc subsidiary announces results of Bond Exchange Offer

Tullett Prebon plc today announces that its wholly owned subsidiary, Tullett
Prebon Group Holdings plc has announced the results of the exchange offer made
on 16 June 2009 to holders of its outstanding £150,000,000 8.25 per cent.
Step-Up Coupon Subordinated Notes due 2014 (the "Existing Notes") to exchange
any or all of such securities for Sterling-denominated Fixed Rate Guaranteed
Notes due 2016 issued by Tullett Prebon Group Holdings plc and guaranteed by TP
Holdings Limited, another wholly owned subsidiary of Tullett Prebon plc.

As at the expiration deadline of 4.00 p.m. London time on 24 June 2009, valid
exchange instructions representing 94.1% of the principal amount of the
Existing Notes had been received and that all such Existing Notes have been
accepted for exchange.

Enquiries:

Nigel Szembel, Head of Communications, Tullett Prebon plc

Mobile: [phone]