TAX.L Regulatory News (TAX)

02 April 2013

Eco City Vehicles PLC

("ECV" or "the Group")

Directorate Changes

Eco City Vehicles, the co-developer and exclusive supplier of the London licensed Mercedes Vito taxi, is pleased to announce the appointment of Trevor Parker as Chief Executive Officer (CEO) to lead the Group's next phase of development, effective 2 April 2013.

Mr Parker, age 50, brings more than 20 years' leadership experience in the UK motor and leisure industry and succeeds Peter DaCosta, who becomes non executive director after 38 years with the business he founded. Mr DaCosta played a key part in the development of the Vito taxi and was responsible for the Group's growth from a small taxi repair shop to the largest distributor of licensed London taxis. He will continue to provide ECV with consultancy services to source and assess new opportunities for the Group. Jeremy Fenn, currently a NED, is also retiring from the Board.

These appointments follow the Group's announcement of 7 September 2012 to refresh its Board to lead the growth of the Mercedes Vito taxi in the London market and to develop new regional markets and further niche products.

A former Royal Marine Commando, Mr Parker has previously held senior executive roles at a number of major motor retailers including Dixon Motors plc, Lookers plc and RBS Car Division. For six years he also served as chief executive of Discover Leisure PLC, Britain's leading caravan and motor home retailer, which he led from a single site to Britain's leading caravan and motor home retailer. He subsequently managed a major restructuring at the business in response to the 2008 credit crisis. In the past year, he has advised a range of companies in the Middle East and Africa as a management consultant.

John Swingewood, Chairman, said:

"We are delighted to welcome Trevor Parker as CEO of ECV. Trevor brings a wealth of motor industry and PLC experience to lead the Group through the next phase of its development. The Group will also continue to benefit from Peter's wise counsel both as a non-executive director and as a consultant to the group. I would also like to thank Jeremy for his valued contribution to ECV."

Commenting on his appointment Trevor Parker said: "I have been impressed with the strong market position carved out by ECV in the London taxi trade through the launch of the innovative Mercedes Vito taxi. This provides us with a solid platform for further growth and long term expansion into niche sectors where we can leverage our key strengths."

Additional information provided pursuant to AIM Rule 17

Trevor Parker

1 - Mr Parker was director of Discover Leisure PLC and certain of its subsidiaries. Discover Leisure PLC was placed into administration as a result of a downturn in trading and underwent a company voluntary arrangement in June 2009. Mr Parker was also director of Discover Leisure PLC subsidiary Titan Move Limited, which was dissolved more than 5 years ago.

2 - Mr Parker was director of Positive Effects International Limited, a small private company which provided training services to colleges and was rendered insolvent as a result of policy changes to bring all training provision 'in-house' by colleges. It entered into a creditors' voluntary liquidation and the sum outstanding to creditors was less than £20,000.

There is no further information to be disclosed pursuant to paragraph 2 (g) (iii) - (viii) of Schedule 2 of the AIM Rules.

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