Board Changes

11 February 2010

Innovation Group plc

("Innovation Group" or the "Company")

Board Appointments

The Innovation Group plc ("Innovation" or "the Group"), the leading provider of enterprise software, business process outsourcing ("BPO") and repair and service network management solutions to the global insurance, financial services, motor and fleet industries, is pleased to announce that Andrew (Andy) Roberts has been appointed as Chief Executive Officer with immediate effect.

Andy has been Chairman of the Group since 9 March 2009 and assumed the role of Executive Chairman in November 2009, following the departure of the previous Chief Executive Officer. Since that date the Nomination Committee has conducted a rigorous search for a new Chief Executive Officer. Having interviewed a number of external candidates, the Board identified Andy as the most qualified to lead Innovation through its ongoing development. Andy is fully committed to the new role and has given notice of termination in respect of his non-executive directorships with Kewill plc, Virtensys Limited, IP.Access Limited and Civica.

David Thorpe will assume the role of Non-Executive Chairman in place of Andy Roberts, with immediate effect.

Innovation has approved a long term incentive plan ("Recruitment LTIP") under Rule 9.4.2(2) of the Listing Rules and intends to make an initial nil cost contingent award of 3,423,321 ordinary shares of 2 pence each in the company ("Shares") to Andy Roberts under that plan at the earliest opportunity. It is intended that a second nil cost contingent award of Shares representing 150 per cent. of salary, will be made in December 2010 using the Share price prevailing at that time. Both awards will have a three year vesting period and will be subject to earnings per Share ("EPS") performance criteria with two thirds of each award vesting in full if the Group achieves EPS growth of 45 per cent. plus RPI over the vesting period and the remaining one third of each award vesting in full on achievement of 100 per cent. EPS growth plus RPI. Awards under the Recruitment LTIP will be subject to good leaver and change of control provisions and no consideration will be payable for the grant of the awards. A separate plan (Retention LTIP) has been approved for the benefit of Jane Hall under Rule 9.4.2(2) of the Listing Rules, and it its intended to make an initial nil-cost contingent award of 2,208,594 shares to her under the Retention LTIP. It is intended that second nil cost contingent award of Shares representing 100 per cent. of her salary, will be made in December 2010 using the Share price prevailing at that time.

The Company intends to publish its interim management statement for the first 3 months of its financial year on or before 18 February 2010.

David Thorpe, Non-Executive Chairman, commented:

"The Board has spent many months considering a number of external applications for the role of CEO at Innovation. It became clear that Andy Roberts, after some months as Executive Chairman, was the best person to take the job forward. This appointment removes uncertainty around the future strategic direction of Innovation and provides continuity at what has been a sensitive time in the development and growth of the company. The terms of the LTIP offered to Andy Roberts are, we believe, appropriate and, if met, will significantly enhance returns to all shareholders."

Enquiries:

Innovation Group Tel: +44 (0) 1489 898 300 Dave Thorpe, Chairman Jane Hall, Group Finance Director

Financial Dynamics Tel: +44 (0) 20 7831 3113 Ed Bridges/Matt Dixon/Erwan Gouraud

About Innovation Group

Innovation Group plc (LSE: TIG.L) is the leading provider of enterprise software, business process outsourcing and repair and service network management solutions to the global property and casualty industry. Innovation provides contact centres, repair networks, process management, supply chain and technology operations and decision support analytics to support accident management, repair and estimation and claims management services. Innovation has over 1,000 global clients including AXA Insurance, RSA, AAA NCNU, LeasePlan, The Ford Motor Company, Aviva, Toyota (South Africa) and Zurich (UK). The Group processes more than 4 million claims per year with 20 per cent. direct claims cost saving achieved. Our 2,400 people are located in the United Kingdom, Australia, Belgium, Canada, France, Germany, Japan, Netherlands, Pakistan, South Africa, Spain and United States.

www.innovation-group.com