CEO Succession

30 July 2015

Xchanging plc

CEO Succession

Ken Lever, CEO of Xchanging plc ('Xchanging'), has indicated to the Board his intention to retire as Chief Executive at the end of 2015. A search for his successor is underway.

Ken Lever, CEO, said:

"It has been a great honour and privilege to lead Xchanging for the last four years. During that period the senior management team has supported me to achieve a transition of Xchanging from a traditional outsourcing business to one built on technology and technology enabled services. We have made significant progress but there is more to do. During the balance of my time as Chief Executive I shall continue to work diligently with the management team to deliver the Group strategy. I have greatly valued my time in the role of Chief Executive at Xchanging"

Geoff Unwin, Chairman, said:

"Ken's drive and determination has led the transformation of Xchanging, and we now need to build on the strong foundation which has been laid to drive sales growth and generate returns on the investments we have made so as to enhance value to our shareholders."

Enquiries

Xchanging plc Tel: +44 (0) 203 604 6999

David Bauernfeind, Chief Financial Officer

Alexandra Hockenhull, Director of Corporate Communications

and Investor Relations

Maitland Tel: +44 (0) 207 379 5151

Emma Burdett

Robbie Hynes

www.xchanging.com

@XchangingGroup

Linkedin/company/xchanging