Directorate Change

Rolls-Royce Holdings plc

28 February 2018 

ROLLS-ROYCE APPOINTS NICK LUFF

AS A NON-EXECUTIVE DIRECTOR

Rolls-Royce today announces the appointment of Nick Luff as a Non-Executive Director. He will join the Board with effect from the close of the Annual General Meeting on 3 May 2018, subject to shareholder approval, and will become a member of the Nominations and Governance Committee and Audit Committee.

Nick is a qualified UK Chartered Accountant and is currently Chief Financial Officer atRELX Group, a FTSE 100 company and global provider of information and analytics for professional and business customers. Nick has played a key role in driving shareholder returns at RELX as the company has transformed its business.

Prior to his appointment at RELX Group, Nick served as Group Finance Director at Centrica plc from 2007 to 2014. Before joining Centrica plc, he served as the Chief Financial Officer at The Peninsular & Oriental Steam Navigation Company (P&O) between 2003 and 2007. He worked at P&O and its affiliated companies for 15 years in a variety of senior finance roles. Nick began his career as an accountant with KPMG and has a degree in mathematics from the University of Oxford.

Nick has formerly held Non-executive Director positions at Lloyds Banking Group plc from 2013 to May 2017 and at QinetiQ Group plc, the defence, aerospace and security services company between 2004 and 2010.

Ian Davis, Chairman of Rolls-Royce, said: "I am delighted to welcome Nick to our Board. He is widely viewed as one of the best CFOs in the FTSE 100 and has extensive financial experience, having also been Audit Committee Chair at Lloyds Banking Group and QinetiQ Group plc. His non-executive exposure, financial expertise, and passion for engineering, will be extremely valuable to the Board. We welcome Nick and are looking forward to working with him."

Nick Luff said: "I am delighted to be joining the Rolls-Royce Board. The Company's engineering pre-eminence speaks for itself. It is a time of significant change and opportunity for the Company which I look forward to being a part of."

Save as disclosed above, there are no further details to disclose under paragraphs 9.6.13 R (1) to (6) of the Listing Rules in respect of Nick Luff.

About Rolls-Royce Holdings plc

1. Rolls-Royce pioneers cutting-edge technologies that deliver the cleanest, safest and most competitive solutions to meet our planet's vital power needs.

2. Rolls-Royce has customers in more than 150 countries, comprising more than 400 airlines and leasing customers, 160 armed forces, 4,000 marine customers including 70 navies, and more than 5,000 power and nuclear customers.

3. Annual underlying revenue was £13.8 billion in 2016, around half of which came from the provision of aftermarket services. The firm and announced order book stood at £82.7 billion at the end of June 2017.

4. In 2016, Rolls-Royce invested £1.3 billion on research and development. We also support a global network of 31 University Technology Centres, which position Rolls-Royce engineers at the forefront of scientific research.

5. Rolls-Royce employs almost 50,000 people in 50 countries. More than 16,500 of these are engineers.

6. The Group has a strong commitment to apprentice and graduate recruitment and to further developing employee skills. In 2016 we recruited 274 graduates and 327 apprentices through our worldwide training programmes.

For further information, please contact:

Investors:

Ross Hawley

Director of Investor Relations

Rolls-Royce plc

Tel +44 20 7227 9087

ross.hawley@rolls-royce.com 

Media:

Richard Wray

Director of External Communications

Rolls-Royce plc

Tel 020 7227 9163

richard.wray@rolls-royce.com