Board Committee Change

11 May 2016

Aldermore Group PLC (the "Company")

BOARD COMMITTEE CHANGE

The Company announces that Neil Cochrane, non-executive director, has been appointed as a member of both the Risk Committee and the Corporate Governance and Nomination Committee with effect from 10 May 2016. Neil replaces Peter Cartwright as a member of the committees, following Peter's resignation from the Board on 18 April 2016.

This announcement is made in accordance with the requirements of LR 9.6.11.

For further information:

Rachel Spencer

Company Secretary

+44 (0)20 3553 4202