Crest Nicholson Regulatory News (CRST)

Crest Nicholson Holdings plc (the "Company")

Directorate Change

The Company is pleased to announce that Lucinda Bell joined the Board of the Company as independent Non-Executive Director effective from today, 25th May 2018. Lucinda will also be a member of the Audit & Risk, Nomination and Remuneration committees.

Lucinda is a Chartered Accountant with significant experience in real estate. She was CFO of The British Land Company PLC ("British Land") from May 2011 to January 2018 and prior to that held a range of roles in finance and tax at British Land. Lucinda is also a non-executive director and Chair of the Audit Committee at manufacturing group Rotork plc.

Commenting on Lucinda's appointment, Executive Chairman Stephen Stone said:

"We are delighted to welcome Lucinda to the Board. Lucinda's wide range of property and finance experience will complement the existing Board as well as bring new skills and knowledge, and we look forward to working with her."

The Company confirms that no other disclosures are required pursuant to LR9.6.13R.

The Board now comprises an Executive Chairman, three Executive Directors and five independent Non-Executive Directors one of which has the role of Deputy Chairman and Senior Independent Director.

Committee Membership

Following Lucinda's appointment and effective from today the Company confirms that its committee membership is as follows:

Audit & Risk Committee

Sharon Flood (Chair), Octavia Morley, Leslie Van de Walle, Lucinda Bell

Remuneration Committee

Octavia Morley (Chair), Louise Hardy, Leslie Van de Walle, Lucinda Bell

Nomination Committee

Leslie Van de Walle (Chair), Octavia Morley, Sharon Flood, Louise Hardy, Lucinda Bell

Technical Committee

Louise Hardy (Chair) Patrick Bergin, Chris Tinker, Darren Dancey, Sharon Flood

For enquiries please contact:

Kevin Maguire

Company Secretary

01932 580 555

25th May 2018