Directorate Change

Paddy Power plc announces the appointment of a new non-executive Director

The Board of Paddy Power plc (the "Company") is pleased to announce the appointment today of Ulric Jerome as a non-executive Director of the Company. Ulric has also been appointed as a member of the Audit Committee.

Born in Paris, Ulric studied in France before completing his degree in economics in Montréal. He was a Founding Partner and Executive Director of Pixmania, the only pan-European online retailer of digital photographic and consumer electronic goods. Ulric was instrumental in the growth of Pixmania from a start-up to a business with revenues of over €800 million that operates in twenty six countries across Europe through bespoke transactional websites.

Ulric is a member of the Board of Directors of eCommerce Europe, an association representing companies selling products and services online to consumers in Europe.

Commenting, Nigel Northridge, Chairman of Paddy Power plc said: "Ulric's pioneering and entrepreneurial approach, paired with his deep understanding of consumer technology, will be of great benefit as we seek to extend our competitive advantage in the online sector. I am delighted that we have secured Ulric's services as a non-executive Director and I warmly welcome him to the Board of Paddy Power plc."

There are no details to be disclosed under Listing Rule 6.6.7 (1) to (6) of the Listing Rules of the Irish Stock Exchange and Listing Rule 9.6.13 (1) to (6) of the Listing Rules of the UK Listing Authority.

-Ends-

13 December 2012

For further information contact:

Karen Ferris, Drury Communications Limited

[email protected] or Tel: +353 (0) 1 260 5000

Jon Earl, Powerscourt Limited

[email protected] or Tel: +44 (0) 20 7250 1446

Rob Greening, Powerscourt Limited

[email protected] or Tel: +44 (0) 20 7250 1446