Somers Share Repurchases For February 2016

March 9, 2016

Somers Limited, a financial services investment holding company, announces that during the month of February 2016, Somers purchased 5,000 of its own common shares [the “Shares] at an average cost of $13.00 per share. The Shares will be cancelled with immediate effect.

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 £4.3 billion assets under management.

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