Produce Investments Regulatory News (PIL)

The following amendment has been made to the 'Directorate Change' announcement released on 22 March 2013 at 07:01 under RNS No 6061A. The announcement should have stated that Tony Bambridge has been appointed to the board as a Non-Executive Director not an Executive Director. All other details remain unchanged. The full amended text is shown below.

22 March 2013

Produce Investments Plc

(the "Company" or "PI")

Directorate Change

Produce Investments Plc (AIM: PIL), a leading operator in the fresh potato sector, is pleased to announce that Tony Bambridge has been appointed to the board as a Non-Executive Director with immediate effective.

Tony is currently Chairman of the Company's principal operating subsidiary, Greenvale AP ("Greenvale"). He has been involved with Greenvale since 1999, following the merger of Greenvale and the grower cooperative, Anglian Produce, of which Tony was Chairman. In 1988, Tony started B & C Farming Ltd, a farming company which grows over 1,200 hectares of crops, with a particular bias towards potatoes, both seed and ware. Tony has been influential in ensuring Greenvale maintains a long term and balanced approach in its dealings with its grower base.

Save as set out in this announcement there are no further matters to be disclosed under Rule 17 or paragraph (g) of Schedule 2 of the AIM Rules for Companies.

For further information contact:

Additional Information:

Anthony ("Tony") William James Bambridge, 54, is currently a director of the following companies:

A W J and E L Bambridge

B&C Farming Limited

Greenvale AP Limited

Greenvale Produce Trustees Limited

In the last five years, he has also been a director of the following companies:

Greenvale Holdings Limited

The Aylsham Agricultural Show Association

Greenvale Foods Limited

Restrain Company Limited

Swancote Foods Limited

Potato Council Limited

Tony holds 14,742 ordinary shares in the Company.