REDDE PLC - Pre Close Statement

For release on 29 June 2017

Redde plc (’Redde', ‘Group’ or 'Company')

Pre Close Statement

Current Trading

The Board of Redde is pleased to announce that, further to its Trading Update made on 27 April 2017, trading for the final quarter ending 30 June 2017 has continued the positive trend shown in the first 9 months of the year. Indications are that the adjusted operating profits for the financial year to 30 June 2017 are expected to be in line with market expectations.

The Board expects to announce the results for the year ended 30 June 2017 in the early part of September 2017.

Enquiries
	Redde  plc		Tel: [phone]
	Martin Ward – Chief Executive Officer
	Steve Oakley – Chief Financial Officer
	Cenkos Securities plc (Nominated Adviser and Joint Broker)		Tel: [phone]
	Liz Bowman
	N+1 Singer (Joint Broker)		Tel: [phone]
	Mark Taylor
	Square1 Consulting		Tel: [phone]
	David Bick
	Brian Alexander

Notes for Editors:

About Redde plc:

Founded in 1992 and working predominantly with insurance companies, insurance brokers and prestige motor dealerships, the Redde Group of companies ("Group") provides a range of accident management and legal services. The Group also deals directly with large national fleets providing incident management and mobility continuity and its activities also encompass a range of legal services designed to assist claimant parties in partnership with leading insurance companies, brokers and other bodies.

The Group is one of the market leaders in its fields of business; it delivers accident management solutions to motorists ensuring that they remained mobile until their own vehicles are repaired or until they are put in a position to obtain a replacement and it provides legal services to ensure they are properly compensated for their injuries and losses where appropriate.

The name Redde is associated, in Latin, with the concept of restoration.

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