Appointment of Director

St James House plc

Appointment of Director

("SJH" the "Group" or the "Company")

4 September 2019

The Board are pleased to announce the appointment of Jacques Leuba as a Non-Executive Director. Jacques has worked in private and commercial banking for over 40 years in Europe and the Americas. This has included positions with major banking groups such as UBS, Credit Suisse and BNP Paribas, as well as smaller Swiss private banks and establishing the Jersey operations of a Luxembourg private bank. During the 1990s, Jacques was appointed by the UK Foreign & Commonwealth Office to establish an improved banking supervisory department on the island of Anguilla following the "Gallagher Report" which highlighted problems in the British Caribbean Overseas Territories. Since 2011 Jacques has worked as an independent consultant and director of wealth management groups - including Oyster Trust Sàrl, Geneva and SMT Swiss Mutual Trust SA in Geneva and Zug - to provide specialised corporate, trust and advisory services to family offices and private clients. A specialist in wealth structuring and trust planning, Jacques is a member of the Society of Trust and Estate Practitioners, the International Tax Planning Association and an associate member of the International Bar Association.

Graeme Paton, the Group CEO commented, "I would like to welcome Jacques to the Board, which completes the restructuring we began in January. Jacques brings significant banking experience from across both Europe and the Americas, which I have no doubt will prove invaluable to the Group as we move forward. Jacques has worked closely in the past with our new Chairman, Roger Matthews, who knows well the skills he brings to the table."

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Regulatory disclosures

In accordance with Schedule 2(g) of the AIM Rules, Jacques Willy Leuba (aged 69) holds, or has held in the past 5 years, the following directorships and partnerships: