Directorate Change

Shaftesbury PLC

DIRECTORATE CHANGE

Shaftesbury PLC (the "Company") announces that Oliver Marriott retired from the Board with effect from 5 July 2017. He has served on the Board since 2009,

Jonathan Nicholls, Chairman, commented:

"The Board is sad to see Oliver leave but would like to thank him for his outstanding contribution to Shaftesbury during his eight year tenure."

Penny Thomas

Company Secretary

Shaftesbury PLC

020 7333 8118

6 July 2017