Board Update

28 July 2015

DAEJAN HOLDINGS PLC

("Daejan" or "the Company")

Board Update

It is with sadness that the Board of Daejan announces the passing today of Mr Aaron 'Mendy' Bude, after a short illness.

Mendy, who served as a Non-Executive Director of the Company from November 2014 to the time of his death, was a highly respected colleague. The Board and the Company benefited greatly from his wise counsel and contribution. 

The Directors extend their deepest sympathies to Mendy's family. 

Mark Jenner

Company Secretary