WTG.L Regulatory News (WTG)

RNS Release Embargoed until 7.00 am 28 March 2012

Quindell Portfolio Plc

("Quindell" or the "Company")

Appointment of Robert Bright to the Strategy and Integration Advisory Board

Quindell Portfolio Plc (AIM: QPP.L), the brand extension company and a leading practice provider of consultancy, software and outsourcing in its key markets, is pleased to announce the appointment of Robert Bright to its Strategy and Integration Advisory Board.

Robert has over 35 years of managerial experience within the Insurance industry, with over 25 years as part of the HSBC senior management team. During this time Robert was a Main Board Director of HSBC Insurance Brokers Limited responsible for HSBC Select (UK) Ltd ("HSBC Select"). HSBC Select employed 600 people developing white label and brand extension products for both commercial and personal lines insurance for affinities and independent intermediaries as well as their own brand, AutoDirect. Over a 10 year period HSBC Select grew from a standing start to an income of £19.6m generating £4m of pre-tax profit.

In 2003 Robert successfully negotiated a management buy out of HSBC Select, subsequently known as The OutRight Company (UK) Ltd. and developed and delivered a successful white label business strategy, producing £100m premium throughput by the end of 2005. HSBC Select was also complimented by the FSA on being the best operation in its sector during 2005.

In 2005 Robert structured the sale of The OutRight Company to Fortis Group (now Ageas), at a substantial premium, at which point he became Non Executive Director on the Board responsible for RIAS plc and a range of its products. Robert has continued this role with Ageas UK Limited and is on the Main UK Board as Non Executive Director responsible for retail operations, which includes KwikFit Insurance.

Outside of Ageas Robert currently holds a number of operational directorships, primarily within the financial services sector, including the Chairmanship of a Commercial broker, Denmark Green & Associates.

Rob Terry, Chairman and Chief Executive of Quindell said: "It is a great honour to have Bob on our Strategy and Integration Advisory Board. Bob has clearly demonstrated his ability to approach the insurance market in a different way as well as a clear ability to deliver new and innovative solutions. This experience and focus will be of enormous benefit to Quindell as we seek to help insurers, brokers and their supply chain partners challenge and reform the current operating models."

Commenting on his appointment Robert Bright said: "I am delighted to be joining Quindell's Strategy and Integration Advisory Board. I believe that there is a great opportunity in the marketplace at this time to introduce significant change and, through Quindell's vision for integrated services, Alternative Business Structures and broader brand extension the Company is uniquely placed to take advantage of this."

For further information:

Notes to Editors:

About Quindell Portfolio Plc

Quindell, the Brand Extension Company, helps its clients and partners to utilise their brands enabling them to achieve greater sales, provide better service and extend the brand into new product offerings and alternative routes to market.

The Group works with over 2,000 brands from SMEs to blue-chips around the globe, with solutions applying to the following Sectors & related Supply Chains:

·; Telecoms, Utilities, Retail & E-commerce

·; Finance, Insurance, Health & Legal

·; Government & Public Sector

Quindell Portfolio joined the market through Mission Capital Plc. The Group was readmitted to the market on 17 May 2011 following the acquisition of Quindell Limited. On 18 July 2011, the Company was renamed Quindell Portfolio Plc. In December 2011, Mobile Doctors Group Plc was acquired increasing run-rate revenue to over £50 million and staff levels to over 600 including our off-shore capability.

Our Solutions

In addition to extending our clients' brands, Quindell's solutions are focused on generating improvements in efficiency and effectiveness in sales and service transactions with savings of over 20% against industry norms achieved.

Our Consultancy drives the business transformation for our clients, and is supported by leading edge technology, outsourcing, membership schemes and social media via repeatable solutions.

Our Software provides cloud based industry solutions to deliver the necessary framework to meet online, office and field based sales and service expectations of our clients and their customers.

Our "Sales" Technology Enabled Outsourcing leverages our own Business & Home Advisory Service brands to provide a White Labeled proposition for partners to extend into offerings for Telecoms, Utilities, Finance, Insurance, Health and Legal Services.

Our "Service" Technology Enabled Outsourcing covers a broad range of solutions and in insurance, already recognised as a market leader for independent medical evidence via a panel of circa 2,500 medical experts providing circa 11% of reports for UK Personal Injury claims.

For further information, please visit www.quindell.com