Appointment of Non-executive director

11 December 2019

Ashley House plc

Appointment of Non-executive director

Ashley House plc ("Ashley House" or the "Company") the health and housing property partner is pleased to announce the appointment of Adrian Wright as a Non-executive director.

Adrian, aged 39, has for the last seven years run his own profitable company, providing talent acquisition services to fast growing businesses. Prior to that Adrian worked in corporate finance including helping source and structure global asset-based finance transactions. Adrian has an MSc in Investments and a first class honours degree in Business Management and Entrepreneurship.

Adrian is currently the largest shareholder in Ashley House plc through Lawshares Nominees Limited with 8,192,496 ordinary shares representing approximately 13.4% of the Company's issued share capital.

Christopher Lyons, Chairman of Ashley House commented: "Adrian has been an active shareholder for a number of years and we are delighted to invite him to join the board as a Non-executive director. Adrian has an ambitious approach to business, sharing our passion to maximise stakeholder value. As well as providing an existing shareholder's viewpoint, Adrian has a range of skills which will be helpful to the business as it develops and implements its new strategy over the coming weeks and months."

Adrian has been a director of Wahoo Sales Limited since June 2013 and has confirmed that there is no further information to be disclosed pursuant to paragraph (g) of Schedule 2 to the AIM Rules.

Enquiries:

Ashley House plc 01628 600 340

Antony Walters

Jonathan Holmes

James Hathaway

WH Ireland 0207 220 1666

(Nominated Adviser and broker)

Adrian Hadden

James Sinclair-Ford

Darshan Patel