F.b.d.hldgs Regulatory News (FBH)

FBD Holdings plc

12 August 2016

Appointment of Director

FBD Holdings plc ("FBD") is pleased to announce the following appointment to the Board, subject to the approval of Shareholders at an Extraordinary General Meeting of the Company to be convened for this purpose.

Ms. Orlagh Hunt

Ms. Orlagh Hunt has been appointed as an independent non-executive Director. Ms. Hunt, who is a Fellow of the Chartered Institute of Personnel Development, is a human resources executive with extensive financial services experience in firms such as Allied Irish Banks plc, RSA Group and Axa Life Insurance, as well as with a number of FMCG and retail companies.

Subject to her appointment being approved by shareholders, Ms. Hunt will also join the Remuneration Committee.

The Chairman, Mr. Michael Berkery, said:

"I am very pleased to communicate this further appointment to the Board, which is subject to the approval of Shareholders. Ms. Hunt will bring new skills and additional financial services experience to the Board. I look forward very much to her contribution to the Board and to the Group. Our Board re-generation is now complete and I expect that all of our new appointments will greatly help us in our continuing strategic efforts."

Requirement for an Extraordinary General Meeting ("EGM")

As previously announced on 3 August 2016, an EGM is to be convened to satisfy the requirement of Listing Rule 6.9 (1) of the Irish Stock Exchange which provides "A listed company must ensure that at all times not more than one third of its board of directors is composed of persons who have been co-opted to the board." Either this appointment or the previously announced appointment of Ms. Mary Brennan would, when taken with the appointments of Mr. Dermot Browne, Mr. David O'Connor and Mr. John O'Grady, which were made and announced earlier this year, bring the proportion of co-opted Directors above this threshold.

The formal convening of the Extraordinary General Meeting and the posting of the Circular to shareholders will be the subject of a separate announcement shortly.

Ends

Disclosures required under the Listing Rules

FBD confirms that:

1. There are no details requiring disclosure in respect of Ms. Hunt under listing rule 6.6.7 (2) to (6) of the Irish Stock Exchange; and

2. There are no details requiring disclosure in respect of Ms. Hunt under listing rule 9.6.13 (2) to (6) of the UK Listing Authority.