Assetco Regulatory News (ASTO)

Issued on behalf of AssetCo plc Immediate Release

Date: Wednesday 24 October 2012

AssetCo plc

( the "Company")

Directorate changes

AssetCo plc (Ticker: AIM: ASTO.L) announces that Andrew Freemantle CBE, has stepped down as a Non-executive and retires from the Company. Mark Butcher joins the Company as a Non-executive Director; his previous directorships include Autologic Holdings plc, Newbury Racecourse PLC, Nationwide Accident Repair Services PLC, and GPG (UK) Holdings plc, which was the UK investment arm of Guinness Peat Group plc.

These changes are with immediate effect.

Editors Note:

AssetCo, is principally involved in the provision of management and resources to the fire and emergency services in the Middle East. For further details, visit the website, www.assetco.com.

Alexander Mark Butcher - age 54 years

Current Directorships

None

In liquidation

Panfida Capital plc (in liquidation 8.4.92) - appointed November 1986

Panfida Services (UK) Limited (in liquidation 8.4.92) - appointed May 1991

Directorships in the last five years

There are no other matters to be announced as required under Paragraph (g) of Schedule Two of the Aim Rules