Somers Limited – Amendment to Share Buyback Programme

Hamilton, Bermuda – 31 January, 2014 – Somers Limited (“Somers”, the “Company” or the “Group”; Ticker: SOM.BH), a Bermuda exempted financial services investment holding company, announces that it has amended its Share Buyback Programme (the “Programme”), increasing the maximum number of Common Shares to be repurchased from 100,000 to 200,000. The current Programme was approved by the Somers Board on September 26, 2013.

Somers Limited, formerly known as Bermuda National Limited, is a listed exempt financial services investment holding company whose major assets include its 100% owned subsidiary, Bermuda Commercial Bank Limited, one of Bermuda’s four licensed banks and a 62.5% holding in Waverton Investment Management Limited, a UK wealth manager with over US$7.0 billion assets under management. The Group’s other investments include an approximate 75% economic interest in the London Stock Exchange listed Private & Commercial Finance Group PLC, a UK asset financing company, a 63.1% stake in Westhouse Holdings PLC, a corporate and institutional stockbroking group and a 57.4% interest in BSX listed West Hamilton Holdings. Somers has shareholders’ equity, after minority interests, of $160 million and no external debt. Somers’ shares are publicly traded and listed on the Bermuda Stock Exchange (Ticker: SOM.BH) and more details on the Company can be found at www.somers.bm

Media Contacts:

Alasdair Younie

Director

Somers Limited

Tel: +1 441-299-2897

Email: ay@icm.bm