Change of Accounting Reference Date

Atlas Development & Support Services Limited / Ticker: ADSS / Index: AIM / Sector: Support Services

27 February 2015

Atlas Development & Support Services Limited

('Atlas Development' or the 'Company')

Change of Accounting Reference Date

Atlas Development & Support Services Limited (AIM: ADSS), the African focussed support services and logistics company, announces that it has changed its accounting reference date from 30 June to 31 December. As a result of the change, the Company's reporting calendar will be as follows:

· Audited interim accounts for the six months ended 31 December 2014 will be published during April 2015;

· Unaudited interim accounts for the 12 months ended 30 June 2015 will be published by 30 September 2015;

· Audited accounts for the 18 months to 31 December 2015 will be published by 30 April 2016.

Thereafter interim and annual reports will be published each year for the six months to 30 June and the 12 months to 31 December respectively.

** ENDS **

For further information please visit www.atlassupport.com or contact:

Notes to Editors

In October 2014 the Company acquired the entire issued capital of Ardan Logistics Kenya, a cash generative support services business which generated unaudited revenues for the six month period ended 30 June 2014 of US$20.6 million and which has an established client list of major international oil & gas and mining companies operating in East Africa.

Atlas Development's three core divisions are delineated as follows:

· Atlas Technical: civil engineering, workforce accommodation and construction

· Atlas Services: medical and facilities management

· Atlas Logistics: fuel solutions, storage and transportation

Through these three core divisions, Atlas Development provides turn-key support for a range of major energy and natural resource exploration and development companies operating across East Africa. The market opportunity for a company such as Atlas Development remains highly attractive, and the Board believe there is considerable opportunity to leverage the Company's established position to further capitalise on the rapidly growing energy and natural resource exploration and development industry in Kenya.