Management Resource Solutions Regulatory News (MRS)

Management Resource Solutions Plc

Directorate Changes

17 March 2017

The board of Management Resource Solutions Plc ("MRS" or "Company") announces that Murray Howard d'Almeida has resigned from the board with immediate effect. Mr d'Almeida has served as Chairman of the Board since August 2012. He led the Company through the AIM listing process in December 2014 and throughout his tenure his experience and judgement have been invaluable to his colleagues, especially in recent turbulent times. The Board warmly thanks him for his contribution and is pleased to report that he has agreed to continue to advise the Company on a consultancy basis.

In the light of Mr d'Almeida's resignation, the proposed resolution for his removal as a director will not be put to the General Meeting scheduled to take place today.

The Board also announces that Christopher John Berkefeld, who was a member of the Board from February to December 2016, has been re-appointed with immediate effect and succeeds Murray d'Almeida in the role of Chairman. Chris's background is in industrial, waste and mining services in Australia along with engineering and heavy transportation services in Europe and Asia. He was with services company Brambles for 25 years and ran the waste management and industrial services businesses until their sale to a private equity group in 2006.

Commenting on his appointment, Mr Berkefeld, said: "I am delighted to join the Board of MRS and along with Joe Clayton and the Team to lead the Company within the buoyant industrial markets that the Company operates with-in. With the difficulties of recent times soon behind us we can settle down to develop the opportunities readily available to us."

The following information is disclosed in accordance with Schedule 2, paragraph (g) of the AIM Rules for Companies. Mr Berkefeld is currently a director or partner of the following:

§ Hiway Group Pty Limited

§ HSE Group Pty Limited

§ Wagner Group Pty Limited

§ Tellus Limited

Within the past five years, Mr Berkefeld was previously a director or partner of the following:

§ Wilmot Holdings Pty Limited1

§ Wilmot Operations Pty Limited2

§ WSN Environmental Solutions Pty Limited

Note 1: Wilmot Holdings Pty Limited was placed into voluntary liquidation on 5 August 2015

Note 2: Wilmot Operations Pty Limited was placed into voluntary liquidation on 1 July 2015

Mr. Berkefeld does not at present hold any shares in the Company.

It is envisaged that two further appointments to the Board will be made in the near future.

For further information:

Management Resource Solutions PLC c/o FTI +44 (0)20 3727 1000

Chris Berkefeld, Chairman

Timothy Jones, Finance Director

Northland Capital Partners Limited +44 (0)203 861 6625

(Nominated Adviser and Joint Broker)

Tom Price

Gerry Beaney

Peterhouse Corporate Finance Limited +44 (0)20 7469 0932

(Joint Broker)

Charles Goodfellow

Lucy Williams

FTI Consulting +44 (0)20 3727 1000

Edward Westropp

Emilie O'Herne