Appointment of Joint Corporate Brokers

Press release, Monday 1 February 2016

McCarthy & Stone plc

Appointment of Joint Corporate Brokers

Following its successful IPO in November 2015, McCarthy & Stone is pleased to announce the appointment of Deutsche Bank and Peel Hunt as joint corporate brokers with immediate effect.

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For more information, please contact:

McCarthy & Stone, +44 (0) 1202 292480

Clive Fenton, Chief Executive Officer

Nick Maddock, Chief Financial Officer

Paul Teverson, Director of Communications

Deutsche Bank, UK Corporate Broking, +44 (0) 207 545 8000

Andrew Tusa

Ali Sayyah

Peel Hunt, UK Corporate Broking, +44 (0) 20 7418 8900

Charles Batten

Edward Knight

Notes to Editors:

About McCarthy & Stone

McCarthy & Stone is the UK's leading retirement housebuilder with a 70% share of the owner-occupied market[1]. The Company has sold 50,000 properties across more than 1,000 developments since 1977, and is renowned for its focus on the needs of those in later life.

UK demographics remain strongly in favour of the specialist retirement housing market, with the number of people aged over 85 in the UK expected to more than double between 2014 and 2033 from 1.5 million to 3.5 million, and the number of over 65 year olds expected to increase by more than 50% from 11.4 million to 17.2 million. According to recent research, 1 in 4 over 60s are interested in retirement living (Demos, 2013), yet only c. 128,000 units of specialist retirement housing for homeowners have been built[2].

In addition to its established Retirement Living and Assisted Living products, the Company has also launched a new product, Ortus Homes. Ortus Homes presents an exciting opportunity for the future and is exclusively for the over-55s and those in the early stages of retirement who are seeking to downsize for their leisure years. The first Ortus Homes development at Scarlet Oak in Solihull reserved out within 10 months of first occupation and won Best Retirement Scheme at the 2015 Housebuilder Awards. McCarthy & Stone is currently selling this new product range across a further five locations, helping the Company to capture a wider share of the active retiree market.

www.mccarthyandstonegroup.co.uk

Forward-looking statements

Certain statements in this announcement are forward-looking statements which are based on McCarthy & Stone plc's expectations, intentions and projection regarding its future performance, anticipated events or trends and other matters that are not historical facts. Forward-looking statements sometimes use words such as 'aim', 'anticipate', 'target', 'expect', 'estimate', 'intend', 'plan'. 'goal', 'believe' or other words of similar meaning. These statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Given these risks and uncertainties, prospective investors are cautioned not to place undue reliance on forward-looking statements. Forward-looking statements speak only as at the date of such statements and, except as required by applicable law, McCarthy & Stone plc undertakes no obligation to update or revised publicly any forward-looking statements, whether as a result of new information, future events or otherwise.