Produce Investments Regulatory News (PIL)

29 June 2015

PRODUCE INVESTMENTS PLC

("Produce," "Company" or the "Group")

Directorate Change

Produce Investments Plc (AIM: PIL), a leading operator in the fresh potato and daffodil sectors, is pleased to announce the appointment of Neil Davidson CBE to the Board as a Non-Executive Director with immediate effect.

Neil has over 30 years' experience in the agri-food sector. He started his career at Northern Foods where he held various roles including Managing Director of the milk division, before becoming Chief Executive of Express Dairies when it demerged from Northern Foods in 1998. Neil subsequently became Chief Executive of Arla Foods following its merger with Express Dairies before retiring in 2005.

Neil was a Non-Executive Director of Persimmon plc from 2004 until 2013 and was Chairman of Cherry Valley Farms between 2005 and 2010. He is a former President of the Dairy Industry Federation, the UK Representative for the Board of the European Dairy Association and Vice President of Dairy UK. In 2006 Neil was awarded a CBE for his services to the dairy industry. Neil is currently the Chairman of The Cricketer Publishing Limited.

There are no additional 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:

Richard Colin Neil Davidson, 64, is a Director of the following companies:

Bridge4 Rehabilitation Limited

Bridge4 Health Limited

Foodzeen Limited

Wireframe IO Limited

Cricketarchive Limited

Thixate Limited

The Cricketer Publishing Limited

Maplewell Ltd

Test Match Extra.Com Limited

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

Eminate Limited

Competition Law Process Management Limited

Persimmon PLC

Investors in Cricket Limited

Nottingham Television

Television Nottingham Limited

The Nickerson Group Rothwell Limited