Admission to AIM and Board Changes

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO THE SAME WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

23 July 2012

Pinewood Shepperton plc ("Pinewood" or the "Company")

Admission to AIM and Board Changes

Admission to AIM

Further to the announcement on 30 May 2012 and the general meeting of the Company held on 22 June 2012, the Board of Pinewood is pleased to confirm that the admission of Pinewood's ordinary shares of 10 pence each ("Ordinary Shares") to trading on AIM occurred at 8.00 a.m. today, 23 July 2012 ("Admission"). The Ordinary Shares have been removed from trading on the Main Market of London Stock Exchange plc and their listing on the Official List has been cancelled. The placing, which was announced on 30 May 2012, of 2,160,000 new Ordinary Shares at a price of 250 pence each, raising £5.4 million (before expenses), is now complete.

Disclosures on the Company as required by AIM Rule 26 can be found at: www.pinewoodgroup.com/investor-relations.

Board changes

As part of the transfer to AIM, Peel Holdings Limited ("Peel"), whose subsidiary Goodweather Investment Management Limited holds circa 68 per cent. of the Ordinary Shares following Admission, gave an undertaking to take all measures to ensure that the number of Peel directors on the Board of Pinewood shall be less than the number of independent directors (being the directors of the Company who are not affiliates of Peel, or affiliates of Pinewood's other major shareholder, Warren James Holdings Limited). Accordingly, John Whittaker and Peter Hosker have resigned from the Board of Pinewood with immediate effect.

The Board would like to thank John and Peter for their valued support and contribution over the last year.

The Board is resolved to appoint a new independent Non Executive Director at the earliest opportunity.

Enquiries:

Notes to editors

·; Pinewood Shepperton plc is Europe's largest provider of stage and studio space.

·; The 30,000 sq ft Richard Attenborough Stage was officially opened on 23 April 2012.

·; Pinewood, Shepperton and Teddington Studios together accommodate 34 stages, five dedicated digital television studios and five digital presentation studios.

·; Pinewood Studios is home to Europe's leading studio-based underwater filming stage, as well as one of the largest exterior water tanks in Europe.

·; Pinewood Studios has Europe's largest green screen.

·; Pinewood and Shepperton Studios have been home to over 1,500 films in the last 75 years.

·; Pinewood, Shepperton and Teddington Studios have hosted over 600 TV shows.

·; Network speeds of 10 Gb/s across each Studio Lot.

For more information

www.pinewoodgroup.com

A copy of this announcement will be published, subject to certain restrictions relating to persons resident in restricted jurisdictions, on Pinewood's website at www.pinewoodshepperton.com. Neither the content of the Company's website nor the content of any website accessible from hyperlinks on the Company's website, nor any other website, is incorporated into, or forms part of this announcement nor, unless previously published by means of a recognised information service, should any such content be relied upon in reaching a decision as to whether or not to acquire, continue to hold, or dispose of, securities in the Company.