ISE Irish Stock Exchange : BuyBack Announcement

Immediate Release

02 January 2018

Source Physical Markets Plc (the 'Issuer')

Re: Buy-Back Announcement

The Issuer agreed to purchase the Certificates on the following terms (the 'Buy-Back'):

Series

Number to be Bought-Back

Trade Date

Settlement Date

ISIN No.

Secured Silver-Linked Certificates due 2100	200,000	15/12/17	19/12/17	IE00B43VDT70
Secured Platinum-Linked Certificates due 2100	15,000	15/12/17	19/12/17	IE00B40QP990
Secured Gold-Linked Certificates due 2100	380,000	15/12/17	19/12/17	IE00B579F325
Secured Gold-Linked Certificates due 2100	425,000	15/12/17	19/12/17	IE00B579F325
Secured Silver-Linked Certificates due 2100	100,000	18/12/17	20/12/17	IE00B43VDT70
Secured Gold-Linked Certificates due 2100	200,000	18/12/17	20/12/17	IE00B579F325
Secured Gold-Linked Certificates due 2100	201,000	18/12/17	20/12/17	IE00B579F325
Secured Gold-Linked Certificates due 2100	40,000	18/12/17	20/12/17	IE00B579F325
Secured Silver-Linked Certificates due 2100	100,000	19/12/17	21/12/17	IE00B43VDT70
Secured Platinum-Linked Certificates due 2100	10,000	22/12/17	27/12/17	IE00B40QP990
Secured Gold-Linked Certificates due 2100	108,000	27/12/17	28/12/17	IE00B579F325
Secured Palladium-Linked Certificates due 2100	8,000	29/12/17	02/01/18	IE00B4LJS984

Enquiries to:

Maples and Calder

Ciaran Cotter [phone]

This announcement has been issued through the Companies Announcement Service of

The Irish Stock Exchange