Directorate Change

Jelf Group plc

("Jelf" or the "Company")

Appointment of Non-Executive Director

Jelf is pleased to announce the appointment of Jonathan Kelly as a non-executive Director. Mr Kelly,45, is a partner of Capital Z Partners. Mr Kelly has worked for Capital Z since 1998 prior to which he spent 10 years in the investment banking group of Donaldson, Lufkin and Jenrette.

Commenting on the appointment, Alex Alway, CEO, said:

"I am delighted to welcome Jonathan to the Board and look forward to working with him."

Save as disclosed below there are no additional disclosures to be made in accordance with paragraph (g) of Schedule 2 of the AIM rules for Jamie Reynolds.

Jonathan Kelly currently holds the following directorships:

Mountainview Capital Holdings

Jonthan Kelly has held the following directorships in the last five years:

British Marine Holdings, Ltd

SBJ Holdings, Ltd

Infotel SA

Catlin Group Holdings, Ltd

PXRE Group Holdings, Ltd

For further information, please contact: