Persimmon Regulatory News (PSN)

7 January 2016

Persimmon Plc

Board Changes

Persimmon Plc (the 'Company') announces that after almost 30 years of service, Nigel Greenaway, South Division Chief Executive has decided to retire from the Board after the conclusion of the Company's AGM on 14 April 2016. The Company is pleased to announce that David Jenkinson will be promoted to Group Managing Director with immediate effect, with responsibility for Group businesses and reporting directly to the Group Chief Executive, Jeff Fairburn.

In addition Richard Pennycook, Senior Independent Director and Mark Preston, Non-Executive Director have both informed the Company that they will resign from the Board at the conclusion of the Company's AGM on 14 April 2016. Nigel Mills, Senior Advisor, Citigroup Global Markets will join the Board as a Non-Executive Director from 4 April 2016, he will also become a member of the Remuneration Committee from the same date.

Nigel Greenaway has decided that after a long career with Persimmon he would now like to retire to pursue leisure interests and have more time with his family. Richard Pennycook, who has been a Non-Executive Director of the Company for almost eight years has decided to resign from the Board due to time commitments on his appointment as Chairman of Howden Joinery Group Plc from May 2016. Mark Preston has been a Non-Executive Director for four years and he has decided to resign from the Board, due to time commitments following his prospective promotion at the Grosvenor Estate.

Following these changes, the Board will consist of eight directors, the Chairman, three Executive Directors and four Non-Executive Directors.

Nicholas Wrigley, Chairman of Persimmon, said "We are delighted to welcome Nigel Mills to the Board. His financial, commercial and investor relations experience will add to the balance of skills and experience of our Non-Executive Directors, which will be of great benefit to Persimmon as we continue to develop our business.

The Board would like to express their thanks to Nigel Greenaway for his contribution to the success of the Company during a long and distinguished career and wish him a long and happy retirement. The Board would also like to express their thanks to Richard Pennycook and Mark Preston for their valuable contribution to the Company during their tenure."

No further information is required to be disclosed pursuant to Listing Rule 9.6.13.

G N Francis

Group Company Secretary