Fuller, Smith & Turner P.L.C.

Deferred Bonus Plan

At its meeting on 29 August 2019, the Remuneration Committee approved the grant of an award of 4,424 A ordinary shares under the Company's Deferred Bonus Plan ("DBP") to Simon Emeny in satisfaction of a proportion of his bonus worth £50,000, under the Executive Bonus Scheme for the 2019 financial year, as disclosed in the Annual Reports and Accounts for the period ended 30 March 2019.

The number of shares subject to the award was calculated by reference to the closing price as at 28 August 2019, being £11.30 per 'A' ordinary shares.

The award has been structured as a conditional award of shares which will, subject to the rules of the DBP, vest on the first anniversary of the grant date provided the director remains an employee.

Enquiries:

Séverine Béquin

Company Secretary

020 8996 2073