Circular re Scrip dividend

31 July 2013

                            Panther Securities PLC                             

                                (the "Company")                                

                          Circular re.Scrip dividend                           

A copy of the above document has been submitted to the National Storage
Mechanism and will shortly be available for inspection at:
http://www.morningstar.co.uk/uk/NSM

For further information contact:

Panther Securities PLC                                            01707 667 300
Andrew Perloff - Chairman                                                      
Simon Peters - Finance Director