Appointment of Chief Financial Officer

Mortice Limited

("Mortice" or the "Company")

Appointment of Chief Financial Officer

Mortice Limited (AIM: MORT), the AIM listed security and facilities management company, announces the non-board appointment of Mr Sandeep Kumar Gupta as Group CFO with immediate effect.

Mr. Sandeep Kumar Gupta - Group CFO

Sandeep is a Chartered Accountant with 24 years post qualification experience and a certified Treasury Manager professional having worked with various companies including SU-Kam Power Systems Ltd., Acme Cleantech Solutions Limited, and Transport Corporation of India Ltd. Most recently Sandeep was Group CFO for SU-Kam Power Systems Pvt Ltd, the largest power solutions company in India, which has a presence in 90 countries worldwide.

Commenting on Sandeep's appointment, Mr. Manjit Rajain, Chairman of Mortice, said: "We welcome Mr. Sandeep Kumar Gupta and his comprehensive experience in treasury and finance functions. His expertise will be invaluable in assisting the growth of Mortice Group, particularly in evaluating and undertaking acquisition, investment and strategic opportunities."

About Mortice Limited

Mortice (AIM: MORT), is an AIM listed security and facilities management company, incorporated in Singapore and based in India with additional operations in Singapore and the UK.

Mortice operates under two brands, in India:

§ Peregrine - provision of guarding and security services to a wide range of clients from blue-chip companies, smaller businesses, commercial and private properties, and individuals.

§ Tenon - provision of a full range of facilities management services to corporate occupiers, owners and developers of real estate. Clients include respected blue-chip and home-grown companies. Within the Tenon group of companies Mortice also offers security surveillance services through its subsidiary Soteria and mechanical and engineering services via Rotopower.

The business is growing and profitable and is focused on expanding its geographical footprint and growing through targeted acquisitions, as well as organically.

In 2015, the Company established Tenon UK and through this wholly owned subsidiary acquired UK based Office & General Group Limited, an independent property service company specialising in cleaning and providing support services such as environmental solutions and built fabric maintenance in the UK. In addition, the Company acquired a 51% majority stake in Singapore-based security company Frontline Security Pte. Ltd, and has an option to acquire an additional 25% within three years.

Learn more about Mortice through this video interview with Manjit Rajain, Executive Chairman of Mortice:

www.brrmedia.co.uk/broadcasts/57c94e8cd6c09fd74b0ae623/mortice-unlocking-potential