Directorate Change

18 February 2015

S&U PLC ("S&U", "the Company" or "the Group")

Appointment of new independent Non Executive Director

The Board of S&U plc is pleased to announce the appointment of Graham Pedersen as an independent Non-Executive Director to the Board of S&U plc with effect from 18 February 2015.

Anthony Coombs, Chairman of S&U commented:

"We are very pleased that Graham has accepted our invitation to join the S&U Board. Graham has enormous experience both as a regulator at the Prudential Regulation Authority ("PRA") and as a banker with detailed knowledge and involvement in the speciality finance sector, particularly in motor finance. As the Group progresses its full authorisations in home credit and motor finance divisions with the Financial Conduct Authority this year, Graham's expertise will be invaluable."

Graham has agreed to accept the Chairmanship of the new Board Compliance Committee and will give advice on Corporate Governance as well as sitting on the Nomination, Remuneration and Audit Committees.

In accordance with Listing Rule 9.6.13 the following information is confirmed in respect of Graham Pedersen:

28 years experience of frontline supervision with Bank of England, Prudential Regulation Authority & Financial Services Authority (1986 - 2014)

Independent Member, Standards Committee, Royal Borough of Windsor & Maidenhead (2011 - 2013)

There are no other disclosures required under Listing Rule 9.6.13.

- ENDS -

For further information, please contact:

S&U plc www.suplc.co.uk

Anthony Coombs, Chairman 0121 705 7777

Broker & Financial Advisor

Chris Hardie Arden Partners 0207 614 5917

Media and Investor Relations

Will Swan Smithfield 0207 360 4900