Crest Nicholson Regulatory News (CRST)

Crest Nicholson Holdings plc (the "Company")

Directorate Change

The Board of Crest Nicholson Holdings plc is pleased to announce the appointment of Tom Nicholson to the Board as Chief Operating Officer from 1 January 2020.

Tom has had an extensive career in the industry including roles with Trafalgar House Group, Berkeley Group and Try Homes. After joining Try Homes, Tom spent 23 years in what became Linden Homes, part of the Galliford Try Group including in roles of Managing Director and latterly Divisional Chairman before joining Crest Nicholson in May 2019.

Tom brings the breadth of experience in the key operational areas we are focussing on as we re-position the Company's margins and returns to be in line with the rest of the sector over the medium term.

Commenting on the appointment, Iain Ferguson, chairman of Crest Nicholson said: "We are delighted to be welcoming Tom onto our Board and are confident that he will be a key contributor to our business, as we implement and deliver our revised strategy into 2020 and beyond."

There is no additional information which is required to be disclosed pursuant paragraph LR9.6.13R of the Listing Rules of the Financial Conduct Authority.

For enquiries please contact:

Kevin Maguire

Company Secretary

01932 580555

19 December 2019