Fih Group Regulatory News (FIH)

FIH group plc

Board Changes

("FIH" or "the Company")

The Board of FIH is pleased to announce the appointment of Robert Johnston to the Board of FIH as a non-executive director with immediate effect.

Mr Johnston is an experienced non- executive director and investment professional and has served on the boards of several quoted companies in both North America and in UK, including Fyffes PLC and Supremex, Inc.

Mr Johnston represents the Company's largest shareholder, "The Article 6 Marital Trust, created under the First Amended and Restated Jerry Zucker Revocable Trust dated 4-2-07" ("The Article 6 Marital Trust"), which has a beneficial holding of 3,596,553 ordinary Shares, representing 28.92% of the Company's issued share capital.

Interim FIH chairman, Jeremy Brade, commented: "I am delighted to welcome Rob Johnston to the Board of FIH. His quoted company experience and business knowledge will prove of great value to the Company and I look forward to working with him."

The Company has also received the resignation of Edmund Rowland who, on the appointment of Mr Johnston, stands down as a non-executive director. The Board would like to thank Mr Rowland for his contribution to the Company since his appointment on 16 April 2013.

The Board confirms that it has engaged a firm of respected consultants to conduct the search for a senior, experienced non-executive director to act as independent Chair of FIH going forward. The objective is to complete the appointment in time for the approval of shareholders at the Company's Annual General Meeting on 31 August 2017.

Further strengthening of the Board with another independent non-executive director is expected to be announced following arrival of the new chair.

Ends

Mr Robert Bruce Johnston's (aged 52) directorships in the last five years are as follows: