Directorate Change

8 September 2011

Polar Capital Holdings plc

Board Change

Polar Capital Holdings plc ("Polar Capital") announces that Sarah Street, Non-Executive Director of the Polar Capital, has resigned from the Board with immediate effect. George Bumeder has been appointed to the board as a Non-Executive Director of Polar Capital.

Ms Street is the Chief Investment Officer of XL Group plc.

Mr Bumeder is Senior Vice President of XL Capital Investment Partners Inc., a subsidiary of XL Group plc, which, through its subsidiaries, is a global provider of insurance and reinsurance.

The following information requiring to be disclosed under Rule 17 and Schedule 2 of the AIM Rules has been provided by Mr Bumeder:

Full name: George Victor Bumeder

Age: 42 years

Current directorships and partnerships:

- XL SGS Holdings Inc.

- XL Global Inc.

- Banquo Credit Management (2) Limited

- Newco Investments Limited

 Past directorships and Partnerships:

- Finisterre Holdings Limited

- Finisterre USA Inc.

There are no other details required to be disclosed pursuant to the AIM Rules for Companies.

For further information please contact:

Polar Capital

Tim Woolley (CEO)

John Mansell (CFO) +44 (0)20 7227 2700

Numis Securities

Richard Thomas (Nominated Adviser)

Charles Farquhar (Corporate Broking) +44 (0)20 7260 1000

Financial Dynamics

Ed Gascoigne-Pees

Georgina Turner +44 (0)20 7269 7132