Announcement regarding Guillaume Rambourg

15 July 2010

Gartmore Group Ltd today announces the resignation of Guillaume Rambourg, senior investment analyst on the European Large Cap team.

The European Large Cap team will continue to be led by Roger Guy and supported by Darrell O'Dea, Leopold Arminjon and Tomas Pinto.

CEO Jeff Meyer commented: "Guillaume Rambourg has concluded that under the current circumstances he is unable to fully contribute to the performance of the business. He has, therefore, decided to resign to devote his attention to concluding the FSA investigation into his conduct and to allow Gartmore to put these matters behind it. We respect his decision and wish him well for the future."