Director Shareholding ("AGM")

Lombard Risk Management plc
(the "Company")
2 October 2008

The Board of Lombard Risk Management plc announces that it has received notification that John Wisbey, Chairman and CEO, acquired on 30 September 2008 and 1 October 2008 a total of 300,000 shares in the Company at an average price of 5.10 p per share. John Wisbey is now interested in a personal capacity in 77,674,562 ordinary shares in the Company representing 57.04% 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 81,624,562 ordinary shares representing 59.94% of the current issued share capital of the Company.

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

Enquiries:

John Wisbey
Chairman and CEO
Tel : +44 (0)20 7384 5000

Noble & Company (Nominated Advisors)
Matthew Hall, Director
Tel: +44 (0)20 7763 2200

Click here to email Lombard Risk's Investor Relations team