17 October 2008

Lombard Risk Management plc

(the 'Company')

The Board of Lombard Risk Management plc announces that it has received notification that John Wisbey, Chairman and CEO, acquired between the 15 and 17 October 2008 a total of 265,000 shares in the Company at an average price of 4.60 p per share. John Wisbey is now interested in a personal capacity in 77,939,562 ordinary shares in the Company representing 57.23% of the current issued share capital.

John Wisbey also holds interests in the Company through the shareholding of Advanced Technology Trust. John Wisbey is a beneficiary of Advanced Technology Trust. The total beneficial interest of John Wisbey in the Company has now increased to 81,889,562 ordinary shares representing 60.13% of the current issued share capital of the Company.

The ordinary shares referred to above are the ordinary shares of 0.5p per share. 

Enquires:

Lombard Risk Management plc

John Wisbey, Chairman and CEO

Tel : +44 (0)20 7384 5000

Noble & Company (Nominated Advisors)

Matthew Hall, Director

Tel: +44 20 7763 2200

Bishopsgate Communications Ltd (Financial PR)

Jenni Herbert

Tel: +44 20 7562 3350