Directorate Change

17 September 2014

doric nimrod air THREE LIMITED (the "Company")

DIRECTORATE CHANGE: ADDITIONAL DIRECTORSHIP

In accordance with Listing Rule 9.6.14R, the Company announces that it has been notified that Charles Edmund Wilkinson, Chairman of the Company, has been appointed as Non-Executive Director of PEWT Securities plc ("PEWT") with effect from 31 July 2014. PEWT is a subsidiary of Premier Energy and Water PLC. PEWT became listed on the Main Market of the London Stock Exchange on 17 September 2014.

For further information about this announcement please contact:

Company

Doric Nimrod Air Three Limited

Frances House, Sir William Place

St Peter Port

Guernsey GY1 4EU

Tel: +44 1481 702400

Corporate & Shareholder Advisor

Nimrod Capital LLP

3 St Helen's Place

London EC3A 6AB

Tel: +44 20 7382 4565

www.nimrodcapital.com

END OF ANNOUNCEMENT

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