Director's Share Dealing

1 Oct 2008 15:14

FOR IMMEDIATE RELEASE 1 October 2008

Conister Financial Group plc (the 'Company')

Director's Share Dealing

The Company was informed on 30th September 2008 that Rene Nominees (I.O.M) Ltd on trust for Mr Arron F A Banks, Chief Executive Officer and Director of the Company (the "Ordinary Shares") has purchased 25,000 ordinary shares of 25p each in the Company at 66p per share on 30th September 2008.

Mr Arron F A Banks is also beneficially interested in 51 per cent of the issued share capital of Rock Holdings Limited. The total Ordinary Shares held by STM Fidecs Nominees Limited on trust for Rock Holdings Limited is 7,278,645 representing 11.48% per cent. of the issued ordinary share capital of the Company.

In addition Mr Arron F A Banks is beneficially interested in 37.5 per cent. of the issued share capital of Southern Rock Insurance Company Limited. STM Fidecs Nominees Limited holds on trust for Southern Rock Insurance Company Limited 611,000 Ordinary Shares representing 0.96% per cent. of the issued ordinary share capital of the Company.

The total Ordinary Shares in which Mr Arron F A Banks has a beneficial interest in is 7,914,645 representing 12.48% of the issued ordinary share capital of the Company.