Kindred Group Press Release

Malta, 3 April 2017

Exchange rates for the first quarter of 2017

The net foreign exchange impact of the Kindred Group's main trading currencies against its reporting currency of GBP is shown in the tables below. While this has no material impact on the underlying development in Kindred Group's business, it does affect the reported results when translated into GBP.

The weighted average impact of GBP against Kindred Group's main currencies was a positive impact on Gross winnings revenue of approximately 10-11 per cent in the first quarter of 2017 compared to the same period of 2016.

Balance sheet rates: Rate to GBP

31-Mar-16

31-Mar-17

YoY Delta

SEK

11.655

11.142

4.4%

NOK

11.894

10.717

9.9%

EUR

1.263

1.169

7.4%

DKK

9.413

8.694

7.6%

AUD

1.871

1.634

12.7%

Income statement averages for the quarter: Rate to GBP

Avg Q1 16

Avg Q1 17

YoY Delta

SEK

12.117

11.054

8.8%

NOK

12.383

10.452

15.6%

EUR

1.300

1.163

10.5%

DKK

9.695

8.646

10.8%

AUD

1.987

1.634

17.8%

For more information:

Inga Lundberg, Investor Relations, +44 788 799 6116

About Kindred Group

Kindred Group is listed on Nasdaq Stockholm Large Cap, and is one of Europe's largest online gambling operators. Kindred Group is home to 13 brands, which serve over 16.5 million customers worldwide. Kindred Group is a member of the European Gaming and Betting Association (EGBA) and founding member of ESSA (sports betting integrity). Kindred Group is audited and certified by eCOGRA for compliance with the 2014 EU Recommendation on Consumer Protection and Responsible Gambling (2014/478/EU). Read more on www.kindredgroup.com.

Kindred Group plc, "Fawwara Bldgs", Msida Road, Gzira GZR1402, Malta

Tel: +356 2133 3532 Fax: +356 2343 1510 Website : www.kindredgroup.com

Registered office: c/o Camilleri Preziosi, Level 2, Valletta Buildings, South Street, Valletta, Malta. Company No: C 39017. Registered in Malta.

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