F&C Managed Portfolio Trust plc will seek shareholder approval for the share repurchase program at its Annual General Meeting to be held on September 25, 2013. Under the program, the company will repurchase up to 7,786,522 shares, representing 14.99% of the issued share capital of the company. The minimum price which the company will pay for its ordinary shares is 1p of such shares and the maximum price which the company will pay for its shares shall be highest of 105% of the average of the middle market quotations for an ordinary share, as derived from the London Stock Exchange Daily Official list for each of the five dealing days immediately preceding the day on which such share is purchased and the amount stipulated by the buy-back and Stabilization Regulations 2003.

Unless previously revoked or varied, the share repurchase program shall expire at the earliest of the conclusion of the next Annual General Meeting of the company in 2014. As of July 25, 2013, the company has 51,944,779 shares in issue.