BOARD CHANGES

10 November 2017

Hansteen Holdings PLC

("Hansteen" or, the "Company")

BOARD CHANGES

The Board of Hansteen announces that it has been informed by Rebecca Worthington earlier today of her intention to step down as Non-Executive Director and Chair of the Audit Committee of the Company following her appointment to the Board of British Land Plc effective from 1 January 2018. Mrs Worthington has been a Non-Executive Director of the Company since June 2014 and will depart the Board during the first quarter of 2018.

Hansteen has commenced the selection process to find Mrs Worthington's replacement to join the Board and to succeed her as Chair of the Audit Committee and further announcements will be made in due course.

Melvyn Egglenton Chairman of Hansteen, paid tribute to Mrs Worthington: "On behalf of the Board, I would like to thank Rebecca for her expert guidance in our deliberations and her significant contribution and commitment to the Company's development. We wish her the very best in her new role with British Land Plc"

Morgan Jones and Ian Watson, joint Chief Executives of Hansteen, added: "We would like to thank Rebecca for her support and contribution since joining Hansteen. Her considered guidance and involvement has contributed to the business's continuing success. We wish her well in her new role with British Land Plc"

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