Oct 21 (Reuters) - Shawbrook Group Plc:

* ANNOUNCEMENT OF PRICE RANGE

* PRICE RANGE FOR OFFER HAS BEEN SET AT 350 TO 390 PENCE PER

SHARE

* ESTIMATED MARKET CAPITALISATION AT ADMISSION OF BETWEEN

APPROXIMATELY £1.8 BILLION AND £2.0 BILLION

* EXPECTED THAT ABOUT 18% OF SHARES WILL BE HELD IN PUBLIC

HANDS

IF OVER-ALLOTMENT OPTION IS NOT EXERCISED

* EXISTING SOLE SHAREHOLDER, MARLIN BIDCO, EXPECTED TO SELL

BETWEEN 79.9 MILLION AND 81.1 MILLION EXISTING SHARES

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