HYDG.L Regulatory News (HYDG)

10 September 2012

Hydrogen Group plc

This announcement corrects details contained in RNS announcement 8283L which was released at 7.00am on 10 September 2012. The corrections relate to the 'Additional information' section that details required information regarding Schedule 2, paragraph (g) of the AIM Rules. All other information remains the same.

Changes to the Board of Directors

As Hydrogen Group plc ('Hydrogen' or the 'Group'), the global specialist recruitment business, approaches completion of its 2012 goals and develops its strategy for the period to 2015, the Group announces its planned succession to the Board of Directors. Senior Independent Non-Executive Director, Ishbel Macpherson, and Non-Executive Director, Ian Fallmann, have stepped down from the Board of Directors of Hydrogen. During their terms of office they have overseen the successful transformation of the Group from a UK Professional Services recruiter to a diversified global business with a growing presence in Technical & Scientific recruitment.

Ishbel has served on the Board for six years and has made an enormous contribution, bringing valuable city-facing and governance experience. Ian has made a very valuable contribution over the past two years, with his experience and knowledge in particular helping drive our expansion in the Asia Pacific region. Martyn Phillips will remain on the Board as Chair of the Remuneration Committee and will become Senior Independent Non-Executive Director. Martyn continues to bring a wealth of relevant experience to the Group, having previously been the HR Director in a large public listed business where he is now the Chief Executive Officer.

Contemporaneously, Hydrogen is pleased to announce that Stephen Puckett, Barbara Anderson and Anne Baldock have joined the Board as Non-Executive Directors.

Stephen brings significant knowledge and experience of the global recruitment industry. He recently retired from the Board of Michael Page International after more than 11 years as Group Finance Director, during which time he oversaw a period of significant overseas expansion and growth for the Group. Stephen will chair Hydrogen's Audit Committee and will join the Remuneration and Nomination Committees.

Barbara has a background in strategy consulting and brings international Board-level experience to Hydrogen having held a number of Non-Executive positions focused on the development and implementation of global growth strategies. She has worked in a wide range of sectors, including power, technology, engineering and construction. Barbara will join Hydrogen's Audit, Remuneration and Nomination Committees.

Anne has recently retired from the global law firm Allen & Overy where she had a distinguished career as a Partner and member of the Global Board, focusing on large infrastructure projects. In her role as Global Head of Projects, Energy and Infrastructure she led pioneering internationalisation programmes, assisting in taking the firm's Public-Private Partnerships Practice to Asia, Europe, Middle East and Canada. Anne will join the Audit, Remuneration and Nomination Committees.

Stephen, Barbara and Anne bring a depth of relevant experience to the Group as it embarks on the next stage of its development and plans its strategy and goals for the period to 2015.

Ian Temple, Executive Chairman of Hydrogen, commented: "The Board would like to thank Ishbel and Ian for their important contribution to the business throughout a period of significant growth for the Group. Aided by their experience and advice we have successfully delivered against our strategy set out in 2008 to transform the business.

"We are delighted to welcome Stephen, Barbara and Anne to Hydrogen and look forward to utilising the expertise they will bring to the Board to assist with Hydrogen's ongoing development."

Additional information:

Under Schedule 2, paragraph (g) of the AIM Rules, the following information is disclosed: In the past five years Stephen Puckett, aged 51, has previously been a Director of Michael Page International plc. Stephen was a director of Shelland Hopkins Advertising Limited, a subsidiary of Wace Print Group Limited of which he was Finance Director, which completed a creditors' voluntary liquidation in 1991 during his tenure as director. Stephen has confirmed there is no additional information under Schedule 2, paragraph (g) of the AIM rules which needs to be disclosed.

Under Schedule 2, paragraph (g) of the AIM Rules, the following information is disclosed: In the past five years Barbara Anderson, aged 44, has previously been a director of Monodraught Ltd, Cosmetics a la Carte Ltd and Smartslab Ltd. Barbara is currently a director of V&I Cap A/S at VKR Holding A/S and of 28 Bolton Gardens Management Company Limited. Barbara was a director of Grey Archer Technology plc and Grey Archer plc, which completed creditors' voluntary liquidations in 2002, and a director of Grey Archer Exchange plc, which completed a members' voluntary liquidation in 2002, during her tenure as director of those companies. Barbara has confirmed there is no additional information under Schedule 2, paragraph (g) of the AIM rules which needs to be disclosed.

Under Schedule 2, paragraph (g) of the AIM Rules, the following information is disclosed: Anne Baldock, aged 53, is currently a member of the Nuclear Liabilities Financial Assurance Board, a trustee of Cancer Research UK, and a director of 375 Greyhound Residents Limited and Tumber Services Limited. Anne Baldock has confirmed there is no additional information under Schedule 2, paragraph (g) of the AIM rules which needs to be disclosed.

Enquiries:

Notes to Editors:

Hydrogen is a specialist recruitment business with a turnover in excess of £150m. We build relationships by finding specialist candidates our clients have difficulty sourcing, placing professionals in more than 50 countries.

Our joined-up practice teams combine international reach with local expertise and specialist knowledge, to provide visibility of world class candidates.

http://www.hydrogengroup.com/