ASH.L Regulatory News (ASH)

18 December 2014

Ashley House plc (the "Company")

Appointment of Non-executive Director

Ashley House plc, the health and community care property partner is pleased to announce the appointment of John Moy as a Non-executive director.

John, aged 65 has advised and invested in fast-growing companies for over 20 years including a period sitting on the panel of Non-executive directors appointed by 3i plc to their investee companies. In his industrial career, where he was both a Chartered Engineer and Chartered Management Accountant, he was a Factory Manager and Financial Controller for Mars Limited and a UK and Northern Europe Finance Director for Motorola Inc. He was the Finance Director of the successful management buy-in of RHP Bearings.

Together with his son James, John is currently the largest shareholder in Ashley House plc with 7,000,000 shares representing approximately 12% of the Company.

John will bring additional strategic financial management skills and experience to the Company. John has waived his remuneration for the first twelve months in this post.

Christopher Lyons, Non-executive Chairman commented "John has been a very supportive shareholder for three years and we are delighted to invite him to join the board as a Non-executive director at this exciting time. John has a range of skills and contacts which we feel will be invaluable to the business as it moves into the next phase of its development."

The names of all companies and partnerships of which John has been a director or partner at any time in the previous five years are set out below:

Linnaeus Consulting Limited 2009-10

Cavener Limited 2010-11

John was a director of Select Software Tools plc from 1998 to 1999. John had been asked to help save or sell this failing company. The company was put into administration on 27 May 1999 to facilitate an asset sale.

There are no other matters which are required to be announced pursuant to paragraph (g) of Schedule 2 to the AIM Rules.

Enquiries:

Ashley House plc 01628 600 340

Antony Walters

Jonathan Holmes

WH Ireland 0207 220 1666

(Nominated Adviser and broker to Ashley House plc)

Adrian Hadden

Mark Leonard