Board Change and lapse of Irrevocable Undertaking

26 July 2016

Lakehouse plc

Board Change and lapse of Irrevocable Undertaking

The Board of Lakehouse plc ('Lakehouse' or 'the Company') today announces the appointment of Mr Andrew Harrison as a Non-Executive Director of the Company.

Mr Harrison had previously been acting as an Alternate Director for Mr Steven Rawlings since 3 June 2016.

The Company also announces that the Irrevocable Undertaking given by Mr Rawlings to vote in favour of all the Resolutions at the General Meeting of the Company to be held on 9 August 2016, lapsed on 23 July 2016. Mr Rawlings' shareholding in the Company was equal to 24,409,196 Ordinary Shares of the Company, representing 15.5% of the issued share capital of the Company as at 25 July 2016.

ENDS

For further information about this announcement contact:

Simon HowellCompany Secretary, LakehouseTel: 01708 758800

This announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No 596/2014 and is disclosed in accordance with the Company's obligation under Article 17 of those Regulations.