LBB.L Regulatory News (LBB)

LiteBulb Group Limited

("LiteBulb" or the "Company" or the "Group")

Directorate Changes

LiteBulb (AIM: LBB), the brand and product development specialist, announces the appointment of Michael Brennan as Non-Executive Director with immediate effect.

Michael Brennan has over 14 years of equity capital markets experience in the City focusing on the small and mid cap market. The majority of his time was spent with Evolution Securities where he was a director in their corporate finance department and has significant transactional experience including M&A and takeover work. On leaving Evolution in 2006, Michael became co-founder and CEO of Novum Securities, a specialist small cap broker and trading house. In early 2009 Michael joined Proximagen Group plc, a biotech company, as Head of Corporate Development. Between 2009 and 2011 Proximagen undertook more than a dozen corporate transactions and in June 2012 was bought by a private US Pharmaceutical company for up to $550m.

At the same time Nick Christie, Executive Director, will stand down from the Board, but will remain in employment with Litebulb and a member of the Operational Board and Sir Richard Greenbury, former Chairman and Chief Executive of Marks & Spencer will step down as a Non-Executive Director of LiteBulb to spend more time with his wife, who is extremely ill.

The Company expects to announce interim results for the six months ended 30 June 2013 on 30 September 2013 and will provide an update on current trading at that time.

Simon McGivern, CEO of LiteBulb, commented: "As a result of the support of Sir Richard Greenbury, LiteBulb has grown from a single product Company selling solely through Marks & Spencer, to a Company with a diverse range of products on the shelves of leading retailers around the globe. I would also like to thank Nick for his contribution to the Board and we will continue to value his input to the Operational Board."

"I am delighted to welcome Michael to the Board of LiteBulb and his experience of public markets and working with fast growing innovative businesses will be invaluable as we continue on this exciting growth trajectory for LiteBulb."

Commenting on his departure, Sir Richard, said: "I am very proud to have been a member of the dynamic and driven team at LiteBulb and using my 30 years' experience as a NED, played a small part in helping to establish this entrepreneurial company. I leave LiteBulb in very capable hands."

Additional information:

Michael Brennan, aged 42, holds 8,333,333 shares in the Company and other than as set out below there is no further information to be disclosed under schedule 2(g) and Rule 17 of the AIM Rules in respect of his appointment as a Director of the Company.

Michael is a director / partner or has been a director / partner of the following companies / partnerships during the previous five years:

About LiteBulb Group

LiteBulb Group designs, manufactures and distributes innovative brands and products to the global retail market.

LiteBulb Products, including Ila, Scootrix and Silly Socks, are sold in over 30 countries through blue chip retailers including: ASDA, BHS, Tesco, Sainsbury's, WH Smith, Halfords, Morrisons, QVC, Next, Fenwicks and Toys R Us.

LiteBulb Creative is a creative agency with global reach, delivering compelling and agile brand extension programmes to the entertainment industry. LiteBulb Creative has designed products and campaigns for clients around the world, including Disney, Hasbro and Miramax.