Directorate Change

21 November, 2013

The Board of Directors of Close Brothers Group plc ("Close Brothers") is pleased to announce the appointment of Bridget Macaskill as an independent non-executive director and as a member of the Remuneration, Audit, Risk and Nomination and Governance Committees with effect from 21 November, 2013. 

Bridget Macaskill, who is based in New York City, has extensive investment management experience, most recently at First Eagle Investment Management LLC an independent, privately owned asset management firm with $85 billion in long only and hedge fund assets where she is President and Chief Executive Officer. She is also a trustee of the TIAA-CREF funds and was previously a non-executive director of the Federal National Mortgage Association, Fannie Mae.

Within the UK, Bridget was a non-executive director of Prudential plc from 1999 to 2001 and from 2003 to 2011. Prior to 2008, she was a non-executive director of Scottish & Newcastle plc, J Sainsbury plc and Hillsdown Holdings plc.

There are no further details in relation to this new director which require disclosure pursuant to paragraph 9.6.13 of the Listing Rules of the Financial Conduct Authority.

As announced on 24 September 2013, Douglas Paterson retired as a non-executive director of Close Brothers at this morning's Annual General Meeting. He is succeeded as chairman of the Audit Committee by Shonaid Jemmett-Page.

Enquiries

Nicholas Jennings - Company Secretary, Close Brothers 0207 655 3100

Jon Nash - Investor Relations, Close Brothers 020 7655 3100

Peter Ogden - Media Relations, Maitland 0207 379 5151

About Close Brothers

Close Brothers makes loans, trades securities and provides financial advice and investment management services. Close Brothers was established in 1878 and today employs over 2,500 people, principally in the UK. Close Brothers Group plc is listed on the London Stock Exchange and is a member of the FTSE250.