Private Offering of Senior Secured Notes

Burford Capital Limited ("Burford" or "Burford Capital"), the leading global finance and asset management firm focused on law, today announces the planned private offering of $300 million aggregate principal amount of senior secured notes due 2029 (the "Notes") by its indirect, wholly owned subsidiary, Burford Capital Global Finance LLC, subject to market and other conditions. The Notes will be guaranteed by Burford Capital (such guarantee, together with the Notes, the "Securities") and the Securities will be secured on a senior lien basis by substantially all of the assets of Burford Capital Global Finance LLC and by the capital stock of certain subsidiaries of Burford Capital, in each case subject to certain exceptions.

Burford Capital intends to use the net proceeds from the offering of the Securities, together with cash on hand, to redeem as soon as practicable following the closing of the offering the 6.250% senior notes due 2028 of Burford Capital Global Finance LLC (the "2028 Notes"). Burford expects to deliver a conditional notice of redemption with respect to the 2028 Notes on the date hereof, which will provide for the redemption on September 24, 2026 of all $400 million aggregate principal amount of outstanding 2028 Notes, subject to successful completion of a $300 million financing. This release does not constitute a notice of redemption with respect to, or an offer to purchase, the 2028 Notes or any other indebtedness.