FOX.L Regulatory News (FOX)

Fox Marble Holdings plc

 ("Fox Marble" or the "Company")

Directorate Changes

Fox Marble, the AIM listed company focused on marble quarrying and finishing in Kosovo and the Balkans region, announces the following directorate changes effective today, 20 September 2016.

Dr Etrur Albani will be stepping down from the Board as Managing Director in order to focus on the operational activities of the Company. Dr Albani remains fully committed to Fox Marble and will continue supporting the Company in achieving its goals.

Dr Paul Jourdan will be retiring as a non-executive director due to increased demands on his time from his role at Amati Global Investors.

Mr Richard Round will be joining the board as a non-executive director. Mr Round was previously Chief Executive Officer and Finance Director of a number of AIM listed and private equity backed companies in the resources sector, most recently leading the successful sale of Green Highland Renewables Limited in 2015. Mr Round now holds a number of non-executive positions across various industries.

Ms Fiona Hadfield has been re-appointed to the Board as Chief Financial Officer, following maternity leave. She replaces Ms Candice Sutherland, who will resign from the Board in order to pursue other business interests.

Andrew Allner, Chairman, commented: "We are pleased to welcome both Richard and Fiona to the Board and look forward to leveraging their combined wealth of experience. These appointments come at an important time for the Company and the Board looks forward to updating the market on progress made between now and the end of the year.

"We would like to thank Etrur for his unwavering support to date. We are pleased that Etrur remains fully committed to Fox Marble's development and that he has confirmed he has no plans to dispose of his shareholding in the Company.

"The team and I would further like to extend collective thanks to Paul and Candice for their contributions to date, in their respective roles, and wish them well in their future endeavours. Amati Global Investors remains a highly valued investor and we will of course continue to keep closely in touch with Paul."

Further information pursuant to Rule 17, Schedule 2 (g) of the AIM Rules is set out below.

Richard Calvin Round, age 58 is currently, or has been previously, a director of the following companies within the past five years:

There is no other information regarding Richard Round required to be disclosed under the AIM Rules.

Fiona Clare Hadfield, age 36 has previously been a director of the following companies within the past five years:

There is no other information regarding Fiona Hadfield required to be disclosed under the AIM Rules

For more information on Fox Marble please visit www.foxmarble.net or contact:

For further information please visit www.foxmarble.net.

Notes to Editors:

Fox Marble Holdings Plc is an AIM quoted natural stone extraction Company operating in Kosovo and the Balkans region, with headquarters in the United Kingdom.

The Company has been granted mining licences in relation to six separate marble quarries and completed a maiden JORC resource indicating an in-situ valuation of approximately Euro 16.5 billion. Established in 2011, Fox Marble has access to over 300 million cubic metres of premium quality marble.

Fox Marble also has rights to extract marble from the Drini and Malesheva quarries, both in Kosovo and from the Prilep Quarry in Macedonia.