Directorate Change

23 September 2014

Braveheart Investment Group plc

('Braveheart', the 'Company' or the 'Group')

Appointment of Non-executive Director

Braveheart Investment Group plc, the AIM-listed investment management group providing financing to SMEs, servicing the investment requirements of business angels, high net worth individuals, family offices and public sector organisations, and directly holding an investment portfolio of early-stage technology companies, is pleased to announce the appointment of Martin Andrew Bowles to the Board of the Company as a Non-executive Director with effect from 1 October 2014. Mr Bowles founded Horatio Investments in 2010 and is a widely experienced non-executive director.

Geoffrey Thomson, Chief Executive of Braveheart, said:

"Martin is an experienced non-executive director from a financial services background. I welcome him to the Board."

The following information is also required to be disclosed in accordance with Rule 17 and Schedule 2 paragraph (g) of the AIM Rules for Companies.

Mr Martin Andrew Bowles, aged 48:

Mr Bowles has held no other directorships within the past five years.

Mr Bowles was a director of Cherrygood Limited from 24 November 2011 until 2 December 2013 when a liquidator was appointed. The liquidation remains in progress.

Mr Bowles was a director from 28 September 2012 until 11 October 2012 of WITLR Limited, a company wholly owned by Horatio Investments Limited. WITLR Limited became subject to a creditors' winding up effective on 6 January 2014.

Mr Bowles was a director from 16 November 2011 until 11 September 2013 of UK Woodland Products Limited which became subject to a company voluntary arrangement on 25 July 2014.

Mr Bowles was a director from 2 March 2011 until 17 January 2012 of OVOW Media Limited which became subject to a members' winding up and was dissolved on 5 November 2013. All creditors were paid.

There is no further information required to be disclosed pursuant to paragraph (g) of Schedule 2 of the AIM Rules.

Further information:

Braveheart Investment Group plc

Geoffrey Thomson, Chief Executive Tel: +44 1738 587555

gthomson@braveheartgroup.co.uk

Sanlam Securities UK Limited (Nominated Adviser and Broker to Braveheart)

Lindsay Mair Tel: +44 20 7628 2200

Catherine Miles

Media Enquiries:

Allerton Communications

Peter Curtain Tel: +44 20 3137 2500

peter.curtain@allertoncomms.co.uk

Notes to Editors

Braveheart Investment Group plc

Braveheart provides financing and associated advisory services for small and medium sized enterprises (SMEs) as follows:

For the company looking to raise money, we provide:

· Equity Capital. This form of financing is typically long term and is usually appropriate for fast growing business or early stage companies. We will consider equity financings where our individual investment, or the investment we arrange, would normally be a maximum or £2m although we are happy to participate in larger financings as part of a syndicate;

· Debt Finance. Short to medium term and for companies with cash flow to service the loan. Our unit size for this type of finance is up to £1m and we will usually provide junior debt which is unsecured but linked to an equity instrument;

The money we invest comes from a variety of sources (see below) and is sometimes linked to particular geographical locations.

To the investor, we provide a one-stop shop service to those in one of the following groups who are looking for exposure to SME investments:

· High Net Worth (HNW) individuals looking to build tax efficient Enterprise Investment Scheme (EIS) and Seed EIS portfolios;

· Family offices and private sector institutions;

· The Public Sector.

Investors can choose between investment types ranging from self-build portfolios, to a full fund management service.