Directorate Change

Mattioli Woods plc

("Mattioli Woods" or "the Group")

Directorate change

Mattioli Woods plc (AIM: MTW.L), the specialist wealth management and employee benefits business, announces that following the announcement of his intention to retire in the Group's interim results in February this year, John Redpath, Non-Executive Director, has stepped down from the Board with effect from today after 10 years' service. A search for a replacement is underway and a further announcement will be made in due course.

Ian Mattioli, Chief Executive of Mattioli Woods, said:

"John has served on the Board since our admission to the AIM market in November 2005. The Board greatly appreciates John's valuable contribution to the Group's strong growth over the last decade and wishes him well for the future."

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