Board Appointment

CITYFIBRE INFRASTRUCTURE HOLDINGS PLC

('CityFibre' or the 'Group' or the 'Company')

Private equity veteran Stephen Charlton appointed to CityFibre Board

CityFibre Infrastructure Holdings Plc (AIM: CFHL), a leading designer, builder, owner, and operator of fibre optic infrastructure in UK towns and cities, is pleased to announce the appointment of Stephen Charlton as non-executive director and Chairman of the Audit Committee, with immediate effect.

Mr. Charlton, a chartered accountant, brings to the Board more than 30 years of experience in the financial and investment arena, encompassing accounting, investment management, banking, equity and debt capital markets, real estate and private equity. For the last ten years, Mr. Charlton was a Managing Director within a subsidiary of Fortress Investment Group, a diversified global investment manager with approximately $64bn in assets under management.

During his distinguished career, Mr. Charlton held CFO and CEO positions within two of Fortress Investment Group's listed portfolio companies, Gagfah S.A. and Eurocastle Investment Limited, where he oversaw debt financing/re-financing totaling more than €10bn and equity raises within the public markets of €1.5bn, as well as creating efficient capital structures with low cost of capital and minimal taxation.

Peter Manning, Chairman of CityFibre, commented:

"We're delighted to welcome Stephen to the CityFibre Board at this exciting time in our development. Our recently announced national framework agreement with EE, Three UK and MBNL, as well as our ongoing development of FTTH in our joint venture with Sky and TalkTalk, are strong catalysts to drive greater footprint scale. His impressive experience in debt financings will prove invaluable as the Company proceeds with the next phase of its capital formation in the corporate debt markets. His arrival marks a significant strengthening of the Board's capability, and we look forward to his contribution to the further development of CityFibre."

The following further information in relation to the appointment of Stephen Charlton, aged 56, 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.

For further information, please contact:

About CityFibre:

CityFibre enables gigabit connectivity through designing, building, owning, and operating fibre optic network infrastructure. It is the largest independent provider of fibre infrastructure to mid-sized cities and major towns across the UK, providing gigabit-capable infrastructure for enterprise and public sector organisations, service providers, mobile network operators and businesses.

The Company owns and operates 490 route kilometres of local access networks serving over 800 customer locations in 57 towns and cities in the UK, including York, Coventry, Peterborough, Sheffield, Newcastle, Dundee, Bath, Derby and Doncaster.

To date the Company has launched four Gigabit City projects in York, Peterborough, Coventry and Aberdeen, where city-wide pure fibre networks known as 'COREs' bring world-class Internet connectivity and the benefits of gigabit speeds to every aspect of the city's community.

CityFibre is also a proud member of a joint venture with TalkTalk and Sky. Established in early 2014, the collaboration aims to prove the viability of gigabit speed Fibre-to-the-Premises (FTTP) networks and services for homes and businesses. Work is currently underway to connect tens of thousands of homes and businesses in York to a future-proof FTTP modern digital infrastructure.

CityFibre is based in London, United Kingdom, and its shares trade on the AIM Market of the London Stock Exchange (AIM: CFHL).

To find out more, please visit: www.cityfibre.com