Result of Annual General Meeting / Board Changes

Castleton Technology PLC

 ("Castleton" or "the Company")

Result of Annual General Meeting / Board Changes

Castleton Technology plc (AIM:CTP) is pleased to announce that at the Company's Annual General Meeting held on 30 September 2014, all resolutions put to shareholders were duly passed.

The Company is also pleased to announce the following changes to the Board of Directors, which form part of the Company's strategy of building an IT Managed Services business focused on the public and not for profit sectors.

Phil Kelly joins the Company with effect from today as senior independent Non-Executive Director. Phil brings a thirty year track record of leading successful companies within the technology sector, having worked with both quoted and private equity backed businesses. Phil will sit on both the Audit and Remuneration committees. Richard Ramsay, Non-Executive Director, will step down from the Board having successfully presided over the restructuring of Redstone and subsequent demerger of Redcentric plc. The Company would like to thank Richard for his significant contribution to the Company during his tenure.

Haywood Chapman will join the Company on 1 December 2014 as Finance Director. Haywood has significant technology sector expertise having held senior finance roles at FTSE 250 and Fortune 300 companies. Most recently Haywood has been Group Financial Controller of Infinity SDC, a private equity backed Data Centre operator. Before that Haywood held a number of senior finance positions at Northgate Information Solutions, having trained at Coopers & Lybrand and gained M&A experience working in PwC's transaction Services Team. Spencer Dredge, who has served as the Finance Director on an interim basis will step down on 1 December but will remain as a consultant to the Company for a period of time in order to effect a smooth handover. The Company would like to thank Spencer for helping to deliver the recent disposals and acquisitions that have reshaped the Company.

Ian Smith, CEO of Castleton, said:

"I would firstly like to thank both Richard and Spencer for their respective contributions to Castleton; both have been key in helping to restructure the Company. I would also like to welcome Phil and Haywood to the board, I am certain they will make an excellent contribution to fulfilling our strategy to build a leading IT Managed Services business focussed on the public and not for profit sectors, a market segment I believe offers substantial opportunity."

The following further information in relation to the appointment of Philip ("Phil") Edward Kelly, aged 62, is disclosed in accordance with Schedule 2 (g) of the AIM Rules for Companies:

The following further information in relation to the appointment of Haywood Trefor Chapman, aged 41, is disclosed in accordance with Schedule 2 (g) of the AIM Rules for Companies:

There are no other matters which are required to be announced under Schedule 2(g) of the AIM Rules for Companies.

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