CTP.L Regulatory News (CTP)

29 September 2011

Redstone plc

("Redstone", "the Company" or "the Group")

Result of AGM

Redstone plc (AIM:RED.L) a leading provider of network based end to end managed services, technology and infrastructure solutions announces that at the Company's AGM held today all resolutions presented to shareholders were duly passed.

At the meeting Ian Smith, as previously planned, resigned from the position of Executive Chairman, moving to become Non Executive Director. Richard Ramsay, Non Executive Director will take up the post of Non Executive Chairman with immediate effect.

Tony Weaver, Chief Executive of Redstone, commented:

"Ian has played an important part in steering Redstone through the refinancing and corporate restructuring of 2010/2011 and I would like to thank him for all he has done in his time as Chairman. I am, as we all are, delighted that he will remain as a Non Executive Director responsible for M&A and corporate activity. Redstone looks forward to further benefitting from his experience and proven abilities in this area, in the years to come.

"Similarly, Richard is the perfect fit for the job of Non Executive Chairman, with a blue chip background in investment banking and advising public companies. He has added a great deal of value since joining the Board in late 2010 and I am confident he will continue to do so. Richard is a highly experienced Director with a strong track record in delivering growth, project direction and maximising profitability.

The business continues to perform in line with our expectations and we look forward to updating the market in late October."

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