Directorate Change

FBD Holdings plc

10 August 2017

Appointment of Director

FBD Holdings plc ("FBD") is pleased to announce the appointment of an additional independent non-executive Director.

Joe Healy has been appointed to the Board of FBD Holdings plc as an independent non-executive director with immediate effect. Mr Healy runs a dairy and cattle farm in Athenry, Co Galway with his family. He was elected the 15th President of the Irish Farmers' Association in April 2016. Prior to that, he represented Galway IFA on the IFA National Farm Business Committee. Previously, he was actively involved in the young farmers' organisation Macra na Feirme and was elected President of that organisation from 1995-1997.

Mr Healy represents Irish farmers at EU level on COPA, which is the official umbrella representative body for European farmers. He chairs the COPA Food Chain Working Group, which is seeking a stronger position for farmers in the food supply chain. He is a non-executive director of Bord Bia - the Irish Food Board - which is responsible for the marketing of Irish food and drink abroad.

The Chairman, Mr Liam Herlihy, said:

"In addition to his general commercial experience, Mr Healy brings to the Board his considerable insights into Ireland's agricultural industry, as well as a keen understanding of rural communities. I am delighted to welcome him to our Board".

There are no details requiring disclosure for Mr. Healy under paragraph 6.6.7 (1) to (6) of the Listing Rules of the Irish Stock Exchange and Listing Rule 9.6.13 (1) to (6) of the Listing Rules of the UK Listing Authority.

Ends