Marshalls Regulatory News (MSLH)

31 March 2017

Directorate Changes

Marshalls plc ("Marshalls" or "the Company") is pleased to announce the appointment of Graham Prothero to the Board as a non-executive director, which will take effect immediately after the Annual General Meeting ("AGM") of Marshalls plc on 10 May 2017.

Mark Edwards, non-executive Director and Chair of the Audit Committee, who has served on the Board since May 2010, has announced his intention to retire from the Board following the close of the AGM on 10 May 2017. It is expected that Graham Prothero will succeed Mark Edwards as Chair of the Audit Committee upon Mark's retirement.

Graham Prothero is a Chartered Accountant and is an Executive Director and Group Chief Financial Officer of Galliford Try plc, the industry-leading FTSE 250 housebuilding, regeneration and construction group. He is also Non-Executive Deputy Chair of the Jigsaw Trust, a charitable trust. Prior to joining Galliford Try plc in 2013, he was Group Finance Director at leading property developer Development Securities PLC (now U+I), having previously held senior finance positions at Taylor Woodrow, the FTSE 100 listed housebuilder, and at Blue Circle Industries plc. Graham also spent 7 years as a partner in the Real Estate, Hospitality and Construction Group of Ernst & Young LLP. He brings current and relevant financial experience in the construction and building materials sector, as well as wider experience in an advisory professional capacity in relation to businesses operating in construction, real estate and other sectors.

The recruitment of Graham Prothero to succeed Mark Edwards takes place in line with the Company's Board development and succession planning strategy to regularly refresh the skills and experience around the Board table, and followed a formal, rigorous and objective process led by the Nomination Committee with the help of external consultants Lygon.

Andrew Allner, Chairman of Marshalls, commented: "I am delighted that Graham Prothero will be joining the Board as a non-executive director to succeed Mark Edwards. He brings broad financial and relevant sector experience and will be a valuable addition to the Board. I would also like to express our thanks to Mark Edwards, who is stepping down after 7 years' service on the Marshalls Board and as Chair of the Audit Committee. Mark's contribution to the Board and the Company is greatly appreciated".

Additional information:

Graham Prothero is independent for the purposes of the UK Corporate Governance Code This announcement includes the information required by Listing Rules 9.6.11 to 9.6.13, and there is no information to report under Listing Rule 9.6.13 (2) - (6) inclusive.