Chairman - Intention to retire

Charles Taylor plc ("Charles Taylor" or the "Company")

Charles Taylor announces Chairman's intention to retire

The Board of Charles Taylor today announces that Rupert Robson, Chairman of the Company, has informed the Board of his intention to retire from the role later in 2015. Rupert Robson became Chairman in November 2007. The Board will undertake a comprehensive search for a new Non-Executive Chairman, which may include internal and external candidates. The search will be led by Gill Rider, Senior Independent Director of the Company.

David Marock, Group Chief Executive Officer, Charles Taylor said:

"On behalf of the Board I would like to thank Rupert for his contribution to the progress and development of Charles Taylor during his time as Chairman, including the recent successful rights issue. I am pleased that he will be staying with us over the coming months, so that we can continue to benefit from his leadership while the Board undertakes its search for his successor."

-ENDS-

Notes to editors

Charles Taylor plc is a leading provider of professional services to clients across the global insurance market. The Group has been providing services since 1884 and today employs over 1,200 staff in 67 offices spread across 27 countries in the UK, the Americas, Asia Pacific, Europe, the Middle East and Africa.

The Group offers services, principally on a fee-based model and operates through three businesses - Management, Adjusting and Insurance Support Services. Charles Taylor also owns insurers, creating value through select acquisitions and operational efficiency.

Further information is available at www.ctplc.com 

Statements made in this announcement that look forward in time or that express management's beliefs, expectations or estimates regarding future occurrences are "forward-looking statements" within the meaning of the United States federal securities laws. These forward-looking statements reflect the Group's current expectations concerning future events and actual results may differ materially from current expectations or historical results.