12 July2017

For immediate release

Fairpoint Group PLC

('Fairpoint' or the 'Group')

Corporate update

As part of the Company's previously announced restructuring programme to focus the Group on Simpson Millar, its Legal Servicesbusiness, Fairpoint announces that it is in discussions with aview to disposingof the IVA business to a third party. As the principal place of business for the IVA business is Fairclough House, Adlington, Lancashire, itis also the intention of the Board to seek an exit from the lease arrangementson Fairclough House.

A further announcement will be made in due course.

For enquiries please contact:

Fairpoint Group plc

David Broadbent, Chief Executive Officer

020 3128 8794

Shore Capital (Nominated advisor and broker)

Mark Percy

020 7408 4090

Edward Mansfield

MHP Communications

fairpoint@mhpc.com

Reg Hoare

020 3128 8794

Katie Hunt

Fairpoint Group plc published this content on 12 July 2017 and is solely responsible for the information contained herein.
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