TIME FINANCE PLC

Capital/Financing Update • Jun 30, 2014

COMPANY ANNOUNCEMENT

Mariner Finance p.l.c.

Issue of €30,000,000 5.3% Unsecured Bonds 2024 (Subject to an over-allotment option of an additional €5,000,000)

Allocation Policy

Date of Announcement	30/06/2014
Reference	MRF 14

The following is a company announcement issued by Mariner Finance p.l.c. (the "Company") pursuant to the Malta Financial Services Authority Listing Rules.

QUOTE

The Company is pleased to announce the allocation policy to be applied to applications received in respect of its €30,000,000 5.3% Unsecured Bonds 2024 (Subject to an over-allotment option of an additional €5,000,000) (the "Issue") issued by the Company in terms of the Prospectus and which opened for subscription on 23 June 2014.

In terms of the Prospectus, the Company entered into a Placement Agreement with the Sponsor, Charts Investment Management Service Limited (C 7944) on 29 May 2014, for the subscription of €20,000,000 of the Bonds on 20 June 2014.

Subscription lists closed on Monday 23 June 2014 due to an overwhelming response on the General Public offer.

3,137 applications representing a total value of €53,721,200 were received by 23 June 2014 for participation in the Private Placement and the General Public offer. The over-allotment option was exercised in full, thereby increasing the General Public offer from €10,000,000 to €15,000,000. The Company shall be satisfying all applications under the General Public offer for amounts up to and including €5,000 in full and in the case of applications for amounts over €5,000 the Company will likewise be satisfying the first €5,000 and allocating a further 19.475% of the remaining balance of all such applications.

All amounts being allocated have been rounded to the nearest €100.

Refunds of unallocated monies will be affected by not later than 7 July 2014. The Bond will be admitted to listing on the Malta Stock Exchange on 8 July 2014 and trading will commence on 9 July 2014. Interest on the Bonds will accrue as from 4 July 2014.

The Company thanks the investing public, institutional investors and the financial intermediaries for their strong support shown towards the bond issue. UNQUOTE

Kevin Saliba Company Secretary

30th June 2014

Mariner Finance plc Nineteen Twenty Three, Valletta Road, Marsa MRS 3000, Malta T. (+356) 2568 1205 F. (+356) 2568 1222 E. info@mfplc.com.mt

Directors: M.Hili (Chairman), E.Hili, M.Borg, K.Saliba, N.Bianco, L.Zammit