Mortgage Advice Bureau Regulatory News (MAB1)

4 April 2018

Mortgage Advice Bureau (Holdings) plc ("MAB" or the "Group")

Board Appointment

MAB is pleased to announce the appointment of Ben Thompson1 as Managing Director of the Group with effect from 7 June 2018. This is a new Board role within MAB that reflects the ambitions of the Group and the considerable opportunities that lie ahead.

Ben was most recently Chief Executive Officer of ULS Technology plc, the provider of online B2B platforms for the UK conveyancing and financial intermediary markets. Prior to that he held senior positions at Legal & General Group plc, where he ran their market-leading mortgage distribution business, as well as the banking division.

On Ben Thompson joining the Group, Peter Brodnicki will make a gift of 113,000 ordinary shares in the Group to Ben Thompson for nil consideration. On the same date, MAB will grant to Ben Thompson 370,000 nominal cost options over ordinary shares of 0.1 pence each in the Group. These options will be granted under the Mortgage Advice Bureau Executive Share Option Plan.

Chief Executive Officer, Peter Brodnicki, said:

"MAB's strategy is very clear, and appointing Ben clearly reflects the level of ambition we have. This will be our seventh key appointment since IPO, and the first new role on the Executive Board.

"I am really looking forward to working closely with him to deliver our strategic objectives for the next five years and beyond. We will make a great team, and I have no doubt that we will be pushing the boundaries of what can be achieved even further than we do now."

Chairman, Katherine Innes Ker, said:

 "I am delighted to welcome Ben to the Board. His knowledge of and experience in our markets will add to the already high quality of the management team we have built at MAB."

Benjamin David Thompson, aged 48, currently holds or has held the following directorships and partnerships in the last five years:

There is no other information that is required to be disclosed pursuant to Schedule 2 paragraph (g) or Rule 17 of the AIM Rules for Companies.

Market Abuse Regulation (MAR) Disclosure

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

1 Subject to Regulatory Approval

Enquiries:

Mortgage Advice Bureau (Holdings) plc +44 (0)1332 525007

Peter Brodnicki, Chief Executive Officer

David Preece, Chief Operating Officer

Lucy Tilley, Finance Director