Charles Taylor Regulatory News (CTR)

Date: 17 May 2016

On behalf of: Charles Taylor plc ("Charles Taylor" or the "Company")

For immediate release

Charles Taylor plc

Directorate Change

The Board of Charles Taylor today announces that David Watson has informed the Board of his intention to retire from the Board later in 2016. David joined the Board in May 2010 as Non-Executive Director and Chairman of the Audit Committee. The Board will shortly commence a search process to identify a suitable successor.

Edward Creasy, Chairman, Charles Taylor said:

"We are very grateful to David for his contribution both as a Director and Chair of the Audit Committee. The Company has made significant progress over the period of David's involvement and stewardship, and I would like to thank him personally and on behalf of the Board for his commitment to Charles Taylor over the last six years."

-ENDS-

Notes to editors

About Charles Taylor

Charles Taylor plc is a leading provider of professional services to clients across the global insurance market. The Group has been providing services since 1884 and today employs over 1,300 staff in 69 offices spread across 28 countries in the UK, the Americas, Asia Pacific, Europe, the Middle East and Africa.

The Group offers services, principally on a fee-based model and operates through three businesses - Management, Adjusting and Insurance Support Services. Charles Taylor also owns insurers, creating value through select acquisitions and operational efficiency.

Further information is available at www.ctplc.com.

Statements made in this announcement that look forward in time or that express management's beliefs, expectations or estimates regarding future occurrences are "forward-looking statements" within the meaning of the United States federal securities laws. These forward-looking statements reflect the Group's current expectations concerning future events and actual results may differ materially from current expectations or historical results.