Rize Circular Regulatory News (CIRC)

22 November 2012

Circle Holdings plc

Board Appointment

Circle Holdings plc (the "Company") announces today that Odey European Inc. has exercised its right to appoint a director to the board. Anthony Bromovsky has consequently been appointed as a non-executive director, effective immediately.

Anthony Bromovsky (64) graduated from the University of Toronto in 1972 with an Honours degree in General Arts. He started his career as a commodities trader for Louis Dreyfus in 1974, followed by similar roles at Woodhouse Drake and Carey and Drexel Burnham Lambert, where he was Senior Vice President and Director of Commodities Trading. During this period he was also Deputy Chairman of the London Commodity Exchange.

Following liberalization of Eastern European economies in the early 1990s, he set up Kilda Investments Ltd, a corporate finance company that advised on and arranged investments in a variety of ventures in Eastern Europe, including food production, micro-finance lending, pharmaceuticals, wineries, and steel privatisation.

More recently, he was a director of BHE Limited, a UK healthcare company set up in 1999 that secured and managed a number of long term LIFT contracts for the development of major infrastructure projects in partnership with the NHS. BHE also funded, developed and managed several NHS General Hospital retail mall front entrance redevelopments. BHE was sold to the Assura group in 2003. He is a former director of Union Market Limited, a London-based retail food company that was placed in administration in February 2012.

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

Commenting on the announcement, Michael Kirkwood, Chairman of Circle Holdings plc, said: "I am delighted to welcome Tony to the Board. Tony will bring a wealth of healthcare industry and investment experience to Circle and we look forward to his valuable contribution as we build our franchise and execute our business plans."

For further information, please contact:

About Circle

Circle Holdings' principal asset is its holding in Circle[1], an employee co-owned healthcare provider. Circle is 50.1 per cent. owned by Circle Holdings and 49.9 per cent owned by the Circle Partnership Limited which is 100 per cent beneficially owned by Circle's clinicians and employees.

Circle's objective is to redefine secondary healthcare delivery in the UK. It benefits from a unique operating model which has been successfully applied and proven, whereby clinicians are empowered to achieve high levels of patient care and efficiency, through co-ownership and active participation in managing operations. For more information see www.circlepartnership.co.uk

Circle Holdings plc is a Jersey incorporated company and the rights of shareholders may be different from the rights of shareholders in a UK incorporated company.

For more information please visit www.circleholdingsplc.com and www.circlepartnership.co.uk

[1] References to Circle in this announcement are references to Circle Health Limited.