Gattaca Regulatory News (GATC)

21 November 2011

MATCHTECH GROUP plc

("Matchtech", the "Company" or the "Group")

Awards under the Value Creation Plan ("VCP")

Matchtech, one of the UK's leading specialist recruitment agencies operating in the Engineering, Science, Technology and Professional Services sectors, announces that awards under the VCP have been made to the directors listed below on 18 November 2011. The VCP was approved by the shareholders in General Meeting on 18 November 2011.

The following directors have been conditionally granted an award of units under the VCP:

No payment has been made for the grant of these awards and the VCP units have no value at grant.

The VCP has a five year performance period (ending after the preliminary announcement of the Company's final accounts in 2016) and the VCP units entitle the directors to share in 7.5 per cent. of the total value created for shareholders in excess of an annual hurdle at a series of measurement dates.

The level of value created for Matchtech shareholders will be determined by reference to the appreciation in the Company's share price, the amount of dividends paid and share buy backs. The shareholder value created at each measurement date will be calculated using the average share price over the 30-day period prior to the relevant measurement date.

The annual hurdle will be the higher of;

·; the actual share price at the previous measurement date; and

·; 20% growth over the threshold price from the previous Measurement Date.

The initial price is 218p per Matchtech share, being the average share price of Matchtech shares for the 30-day period following the preliminary announcement of the Company's 2011 final results. This will results in the first threshold price being 261.6p (218p increased by 20%).

At each measurement date each director will receive an entitlement to Matchtech shares (in the form of a nil-cost option) with a value equivalent to each director's relevant proportion. of the VCP Pool created in respect of that measurement date. Any share entitlement will not become exercisable until the end of the fifth year of the VCP when 50 per cent. of the shares are exercisable, with the balance exercisable one year later.

Enquiries:

Matchtech Group plc

Adrian Gunn, Chief Executive Officer 01489 898 989

Tony Dyer, Chief Financial Officer

MHP Communications 020 3128 8100

John Olsen / Ian Payne / Giles Robinson

Arbuthnot Securities 020 7012 2000

James Steel / Tim Willis

END