Mattioli Woods Regulatory News (MTW)

Mattioli Woods plc

("Mattioli Woods" or "the Group")

Appointment of Directors

Mattioli Woods plc (AIM: MTW.L), the specialist wealth management and employee benefits business, is pleased to announce the appointment of Alan Fergusson to the executive board as Employee Benefits Director with immediate effect.

Alan leads Mattioli Woods' employee benefits division, having joined the Group on the acquisition of Kudos Financial Services Limited in 2011. Alan also sits on the board of Worldwide Broker Network, the world's largest network of independent insurance brokers and employee benefits consultants.

The Group is also pleased to announce the appointment of Carol Duncumb to the board as Non-Executive Director with immediate effect. Carol brings experience of leading high-growth companies, with wide experience managing growth, including mergers and acquisitions and consumer e-commerce development.

Ian Mattioli, Chief Executive, said "I am delighted to welcome Carol and Alan to the board. As our employee benefits business grows, Alan's strategic contribution to its development will benefit both ourselves and our clients. Carol brings considerable commercial experience at board level in both executive and non-executive roles. Her particular interest in e-commerce will further strengthen the board as we continue to develop our technology platform."

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Appendix 1 - disclosures required under Schedule 2(g) and Rule 17 of the AIM rules

Mr Alan David Fergusson (age 43) is currently a director of, or during the last five years has been a director of, the following companies (all incorporated in the UK unless stated otherwise):

Ms Carol Avis Duncumb (age 52) is currently a director of, or during the last five years has been a director of, the following companies (all incorporated in the UK unless stated otherwise):

There is no further information to be disclosed under Schedule 2(g) and Rule 17 of the AIM rules in respect of Mr Fergusson and Ms Duncumb in respect of their appointments.