14 May 2013

GLI Finance Limited

("GLIF" of the "Company")

Share Dealings

On 13 May 2013 the Company was notified that Saul Rosenthal, an officer of T2 Advisers, LLC, the collateral manager for T2 CLO I Ltd., disposed of 200,000 ordinary shares for 52.5 pence per share.

On 14 May 2013 the Company was notified again that Mr Rosenthal had disposed of a further 85,000 shares for nil consideration as a donation to charitable causes, and 254,000 shares for 52.5 pence per share.

As a result of these transactions, Mr Rosenthal no longer holds any shares in the Company.

On 13 May 2013 the Company was notified that Mr Jonathan Cohen, an officer of T2 Advisers, LC, disposed of 300,000 ordinary shares for 52.5 pence.

As a result of these transactions, Mr Cohen's holding is now 554,000 ordinary shares, representing 0.42% of the Company's issued share capital.

Contacts:

Geoffrey Miller

GLI Finance Limited

+1 203 916 0003

+44 7408 830719

Investec Bank plc

Tim Mitchell

Jeremy Ellis

+44 (0)20 7597 5970

Panmure Gordon

Dominic Morley

Fred Walsh

+44 (0)20 7886 2500

Jack Hickey

FTI Consulting

+44 (0) 207 269 7196