Directorate Change

14 May 2014

Miton Group plc

Directorate Change

Alan Walton appointed Non Executive Director

Miton Group plc, the AIM quoted fund management group, is pleased to announce the appointment of Alan Walton as a Non Executive Director of the Group with effect from today. Alan has also taken on the responsibilities of the Chairman of the Audit Committee with immediate effect.

Alan worked for Deloitte for 31 years, of which 22 were as a partner. He spent five years as an audit partner in the Financial Services Audit group followed by 17 years in the Corporate Finance team, of which 14 years were spent as a Financial Services specialist. Alan retired from Deloitte in 2011 and has since undertaken various voluntary charity roles.  

Ian Dighé, Executive Chairman, Miton Group plc, said:

"Alan's experience will be invaluable in helping Miton to address the challenges of operating in an increasingly complex regulatory environment. We believe that our clients and Board will benefit from Alan's considerable experience of the fund management industry and the broader financial services marketplace. I am looking forward to Alan's contribution to the Board's deliberations."

Alan Walton said:

"I am delighted to be joining Miton at this stage in its development. With its distinctive investment capabilities Miton has the opportunity to develop its business model and deliver to its clients. I look forward to working with the Board and our shareholders in building on this success."

Alan Victor Walton, 57 years old, has not held any other directorships in the previous five years.

There are no further disclosures to be made in accordance with Schedule Two paragraph (g) of the AIM Rules in connection with Alan Walton's appointment to Miton Group's board.

-ENDS-

For further information, please contact:

Miton Group plc

Ian Dighé (Executive Chairman) 07785 703261

Roger Bennett (Company Secretary) 07971 828101

Peel Hunt (Nominated Adviser and Broker)

Guy Wiehahn / Andy Crossley / Harry Florry 020 7418 8893

MHP Communications

Gay Collins / Reg Hoare / Simon Hockridge / James Morgan 020 3182 8100

Miton Group plc www.mitongroup.com