Director Appointment

McKAY SECURITIES PLC ("the Group or McKay")

APPOINTMENT OF JEREMY BATES AS A NON-EXECUTIVE DIRECTOR

McKay Securities PLC is pleased to announce that Jeremy Bates has today been appointed to the Board as an independent non-executive Director and as a member of the audit, remuneration and nomination Committees.

Jeremy Bates is a Director of Savills UK Ltd, Head of UK Transactional Services and European Head of Worldwide Occupier Services and has been a leading agent in the South East market over the last 25 years. Having qualified as a Chartered Surveyor in 1990 with Savills Plc, the global real estate services provider, he then gained extensive experience in the South East office and industrial markets and was appointed Head of National Offices for Savills in 2003.

McKay also announces that Nigel Aslin, who has been a non-executive Director since May 2006 will retire from the Board and its Committees on the announcement of the Group's year end results in May 2017. Nigel has been Chairman of the Nomination Committee since 2007. He has overseen the successful programme of new appointments to the Board over the last three years to maintain the Group's high standard of compliance with corporate governance.

McKay's Chairman, Richard Grainger said:

"Jeremy's knowledge of our core South East market and his experience and involvement with a wide range of issues relevant to our business, in particular occupier services and trends both in the UK and globally, will be of considerable benefit to the Group. I am very pleased that he has agreed to join us, and he will be a valuable addition to the Board."

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