Sutton Harbour Holdings Regulatory News (SUH)

23 September 2013

SUTTON HARBOUR HOLDINGS PLC

("The Company")

Board Changes and New Chairman

The Board is pleased to announce the appointment of a new non-executive director, Graham Scott Miller, 50, with effect from today. The board has also appointed Graham as Chairman with immediate effect. Following the recent announcement that Michael Knight will be stepping down as Chairman and from the board, the Company has received his resignation effective from today.

Graham, a law and MBA graduate, has a strong background in private equity, having held senior and director positions at Murray Johnstone Private Equity and 3i plc. He continues to act as consultant and advisor to high profile clients in the private equity arena. Graham currently holds a number of directorships in the banking and IT sectors, including IPL Group Limited, a specialist in business technology solutions, Lockwell Electrical Distributors Limited and Barefruit Limited, an internet software and media services specialist. Additionally, Graham is Chairman of the Equity Investment Committee at Triodos Bank and is advisor to Growth Capital Partners, a provider of structured equity, and also Finance Wales.

Graham is based in the South West region.

On confirming the appointment Jason Schofield, Chief Executive, said, "I am delighted to welcome Graham Miller to the board and as our Chairman. He brings a new skill set to the board and we look forward to working with him to deliver the vision for the Company. On behalf of the board, I would like to thank Michael Knight for his unstinting commitment and effort through a difficult transition period for the Company which has co-incided with a prolonged economic downturn. His support, wise counsel, professionalism and determination during the last eight years, and six years as Chairman, have been highly valued by board colleagues."

Disclosures under AIM Rule 17

Graham Scott Miller, age 50, is or has been a director of the following companies during the previous five years:

Current directorships:

· Barefruit Limited

· Salus Services 1 Limited

· Salus Services 1 Holdings Limited

· Lockwell Electrical Distributors Limited

· IPL Group Limited

Directorships held within previous five years:

· UK Acorn Finance Limited

· Acorn Group UK Limited

· New Highway Limited

· Southern Solar Limited

There is no further information required to be disclosed under paragraph (g) of Schedule 2 of the AIM Rules.

Enquiries:

Sutton Harbour Holdings plc

Jason Schofield - Chief Executive

Natasha Gadsdon - Finance Director

01752 204186

Arden Partners plc

Richard Day

Jamie Cameron

0207 614 5917

Newgate Theadneedle

Graham Herring

Robyn Mcconnachie

Adam Lloyd

020 7653 9850