STOCK EXCHANGE ANNOUNCEMENT

Pzena Value Funds plc

(the 'Company')

Re-designation of Share Classes

The directors of the Company wish to announce that the following share classes have been re-designated in order to be consistent with the naming conventions of new share classes that have been created in the relevant Funds.

FundOriginal NameAmended NameISIN

Pzena Emerging Markets Value Fund Shares A USD Shares IE00B42PDY56

Pzena Emerging Markets Value Fund Euro Shares A EUR Shares IE00BRF15F66

Pzena Global Expanded Value Fund Shares A GBP Shares IE00BHBF0S07

Pzena Global Value Fund Shares A USD Shares IE00B0S5SL34

Pzena U.S. Large Cap Expanded Value Fund Shares A USD Shares IE00B6ZCYM29

Enquiries:

Pzena Investment Management, LLC

Joan Berger

Phone: +1 212 583 1291

McCann FitzGerald Listing Services Limited

Michelle Davey

Phone: + 353 1 607 1392

This announcement has been issued through the Companies Announcement Service of

the Irish Stock Exchange.

ISE - The Irish Stock Exchange plc issued this content on 27 January 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 27 January 2016 17:45:34 UTC

Original Document: http://www.ise.ie/app/announcementDetails.aspx?ID=12675986