Directorate Change

CPPGroup

Management change

23 July 2012

CPPGroup Plc ("CPP" or the "Group") today announces that Stephen Kennedy, Chief Operating Officer, and Mike Kneafsey, Managing Director, UK & Ireland, have stepped down from their respective roles with immediate effect and will be leaving the Group on 28 September 2012.

A process to find a replacement Managing Director, UK & Ireland is underway. During the transition period Paul Stobart, Chief Executive Officer, will take operational responsibility for the UK & Ireland business. At this time the Group is not engaged in a process to appoint a replacement Chief Operating Officer. Going forward, the five Regional Directors will report to Paul Stobart directly.

Paul Stobart, Chief Executive Officer, commented:

"On behalf of the Board and the company I would like to thank Stephen and Mike for their contribution and wish them both every success for the future."

For enquiries contact:

CPPGroup Plc

Helen Spivey, Head of Corporate & Investor Communications

Tel. +44 (0)1904 544387

Tulchan Communications

John Sunnucks

Christina Clark

Tel. +44 (0)20 7353 4200