MJGleeson Regulatory News (GLE)

14 April 2015

MJ GLEESON PLC

Directorate Appointment

MJ Gleeson (GLE.L) ("Gleeson" or the "Group"), the urban regeneration and strategic land specialist, is pleased to announce the appointment of Stefan Allanson as Chief Financial Officer, initially as CFO Designate from 29 June 2015, with formal appointment as CFO and to the Board to become effective on 31 July 2015. Additionally, Stefan will be appointed as Company Secretary, to become effective on 31 July 2015.

Stefan, a chartered management accountant, is Deputy CFO of Keepmoat Limited, a £1 billion turnover UK construction, property services and housing development group, a role he has served in for over two and a half years. He led a transformation of the central finance function, following a business merger and refinancing, completed in October 2012, and has helped lead the group through a period of strong, profitable growth.

Stefan has experience in both UK listed and private equity owned businesses and has held senior finance roles at the polymer specialist The Vita Group, specialty chemicals business BTP plc and motor manufacturer Honda, having begun his career at ICI.

Stefan's appointment follows Alan Martin's decision, announced in February 2015, to leave Gleeson, in order to pursue other opportunities, following the Board's decision to relocate all of the Group's finance function to Sheffield. Alan will step down from the Board on 31 July, after completing a handover period with Stefan.

Jolyon Harrison, Chief Executive Officer, commented:

"We are delighted that Stefan is joining us. He has a strong financial and commercial track record within fast growing companies, and he knows our industry very well. I'm looking forward to working with him.

"On behalf of everyone at Gleeson, I'd like to thank Alan once again for his significant contribution over the last eight years and, in particular, the important role he has played in the repositioning and revitalisation of the Group. We wish him all the very best for the future."

Notes:

Stefan was a director of The Resource Pool Limited in December 2001 (having joined the company as a director in May 2000) when the company entered into creditors' voluntary liquidation. The business was a small technology start-up, was subsequently bought out of administration and traded successfully for many years.

No further information is required to be disclosed pursuant to LR 9.6.13 R.

Enquiries:

Instinctif Partners Tel: 020 7457 2020

Mark Garraway

Helen Tarbet

James Gray