FCRM.L Regulatory News (FCRM)

18 March 2010

Marwyn Capital I Limited

Director Change

David Williams has resigned as a Non-Executive Director of the Company with effect from 18 March 2010.

We would like to thank David for his significant contribution to the Company.

Paul Michael Everitt has been appointed as a Non-Executive Director of the Company with effect from 18 March 2010. Paul, aged 41, is Managing Director of Fund Corporation, a niche provider of outsourced administration services in Guernsey. Fund Corporation specialises in investment administration, principally in the alternative asset classes. The company was established in 2007 and administers collective investment schemes, as well as family office and investment club structures. Paul moved to Guernsey in 1998 and has specialised in fund administration since. He has worked on a wide range of fund structures: private equity, property, debt, hedge, funds of funds, as well as direct equity, in both closed-ended and open-ended vehicles. He has acted on numerous fund boards, including for Permira, EQT and Rutley Capital Partners. Originally Paul qualified as a chartered accountant with BDO Stoy Hayward in London and then spent two years in corporate finance for PricewaterhouseCoopers.

The information below is being disclosed under Rule 17 Schedule 2(g) of the AIM

Rules.

Paul Everitt has in the last five years, and continues to be, a Director of the following companies:

Fund Corporation of the Channel Islands Limited

Marwyn Value Investors Limited

Marwyn Value Investor (Unlisted Feeder) Limited

Marwyn Value Investors (Pte) Limited

Rutley Russia Property Asset Management Limited

RRAM Limited

Complete Fund Systems Limited

Capital & Marketing PCC Limited

Kingswalk Investments Limited

Habrok General Partner Limited

Delta Fund Europe Limited

Delta Fund Europe Master Limited

Bayit Residential Investments Limited

Bayit Investments Limited

Marwyn Asset Management SPC

Marwyn Management General Partner Limited

Marwyn Capital II Limited

Marwyn Capital Management Limited

Paul has ceased to be a Director of the following companies in the past five years:

Caesar Holdings Limited

EQT DLP Limited

EQT III Limited

EQT IV Investments Limited

EQT IV Limited

EQT IV RFA Limited

EQT Opportunity Limited

EQT Opportunity Investments Limited

Mourant Guernsey Limited

Mourant Guernsey Nominees 1 Limited

Mourant Guernsey Nominees 2 Limited

Munksjo Guernsey Holdings Limited

Nnifpow Holdings Limited

SC Invest Holdings Limited

SC Low Vol Subsidiary Limited

SC LS Equity Subsidiary Limited

SC Trend Subsidiary Limited

SCNTFII Limited

Swiss Capital Non-Traditional Funds PCC (Guernsey) Limited

Wopnnif Holdings Limited

Barclays Wealth Fund Managers (Guernsey) Limited

Barclays Wealth Fund Managers (Jersey) Limited

Barclays Wealth Fund Managers (IOM) Limited

Barclays Wealth PCC No 1 Limited

India Realty Ventures Limited

Enquiries to:

Axio Capital Solutions Limited

Surville Office

Surville, La Ruette Pinel

St Helier

Jersey JE2 3HF