Somers Limited Advises of Share Repurchases for Month of October, 2014

Hamilton, Bermuda: 7 November 2014 - Somers Limited, a financial services investment holding company, announces that during the month of October 2014, Somers purchased 5,000 of its own common shares (the “Shares”) at an average cost of $13.825 per share. The Shares will be cancelled with immediate effect.

Media Contacts:

Alasdair Younie

Director

Somers Limited

Tel: +1 441-299-2897

Email: ay@icm.bm

-ENDS-

Somers Limited is a listed 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$8.7 billion assets under management. The Group’s other investments include an approximate 68% economic interest in the London Stock Exchange listed Private & Commercial Finance Group PLC, a UK asset financing company, an 84.6% stake in Westhouse Holdings PLC, a corporate and institutional stockbroking group, a 30% economic interest in Ascot Lloyd Holdings Limited, a UK independent financial adviser and a 21% economic interest in Merrion Capital Holdings Limited, an Irish financial services group. Somers has shareholders’ equity, after minority interests, of $189 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.