Breedon Regulatory News (BREE)

5 July 2017

BREEDON GROUP plc

("Breedon" or the "Company")

Exercise of Warrants

The Company announces that it has received notice to exercise warrants over 35,370,667 ordinary shares of no par value ("Ordinary Shares") from Barclays Bank PLC at an exercise price of 12 pence per Ordinary Share. The number of Ordinary Shares arising from such exercise will be reduced by 5,091,594 to satisfy the subscription price that would otherwise have been payable by the exercising warrant holder, and accordingly the Company will issue 30,279,073 new Ordinary Shares in settlement of this exercise (the "Warrant Exercise"). These are the last remaining warrants of those that were issued in September 2010 as part of the reverse acquisition of Breedon Holdings Limited.

The new Ordinary Shares will rank pari passu with the existing Ordinary Shares and application has been made for the new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and dealings in the new Ordinary Shares will commence at 8.00 a.m. on 11 July 2017.

Following the Warrant Exercise, there will be 1,446,530,056 Ordinary Shares in issue. This number may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company.

Breedon Group plc will announce its interim results for the six months ending 30 June 2017 on 20 July 2017.

The information contained within this announcement is deemed by the Group to constitute inside information under the Market Abuse Regulations (EU) No. 596/2014.

Enquiries:

Breedon Group plc

Pat Ward, Group Chief Executive 01332 694010

Stephen Jacobs, Head of Communications 07831 764592

Cenkos Securities plc (NOMAD and Joint Broker)

Max Hartley 020 7397 8900

Numis Securities (Joint Broker)

Heraclis Economides

Ben Stoop 020 7260 1000

More about Breedon Group

Breedon Group plc is the largest independent construction materials group in the UK after the four global majors. It operates the country's largest cement plant, two cement import terminals, around 60 quarries, 26 asphalt plants, 200 ready-mixed concrete & mortar plants and three concrete block plants, employing around 2,300 people nationwide.

The group has strong asset backing, with over 750 million tonnes of mineral reserves and resources. Breedon's strategy is to continue growing through consolidation of the UK heavyside building materials sector.