Directorate Change

29 April 2019

Nasstar plc

("Nasstar", "Company" or "Group")

Directorate Change

Nasstar (stock code: NASA), the provider of hosted managed and cloud computing services, announces today that Peter Daresbury, has notified the Company of his intention to step down from the board after 12 years as Chairman. Peter's decision will become effective on 23 October 2019 at which point Nick Bate will become Group chairman. Nick joined the Board as a non-executive director in January 2014 so brings a great deal of experience to the Chairman role, both from his time with Nasstar as well as from his roles with a number of private technology companies.

The Board is delighted to further announce that Ben Marnham has agreed to join the board as a non-executive director with effect from 23 October 2019. Ben is an adviser and investor in high growth businesses. He led and co-invested in the £50m private equity backed MBO of managed service provider Timico in 2017, where he also served as CEO for two years. At Solar Communications, where he served as Chairman between 2014 and 2017, he was part of the team that restructured the business which exited successfully to Wavenet in 2018. Ben was also one of the original team that grew Alternative Networks from a start up in 1994, to a turnover of £115m & EBITDA of £16.1m in 2012 in his final year.

Commenting on today's developments, Nigel Redwood, Chief Executive commented:

"On behalf of shareholders and the rest of the Board I'd like to take this opportunity to thank Peter for his service to Nasstar over the last 12 years and in particular over the last five years since the transformational acquisition we completed in early 2014. Peter has been closely involved in the significant and successful progression of Nasstar and we have benefitted significantly from his guidance. We are delighted to welcome Ben to the Board in October, his experience will prove invaluable as Nasstar moves toward the end of the "10-19" programme and beyond."

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

For further information, please contact:-

Nasstar plc +44 (0) 1952 225 000

Nigel Redwood, Chief Executive Officer

Niki Redwood, Finance Director

finnCap Limited (Nominated Adviser & Broker) +44 (0) 20 7220 0500

Julian Blunt, James Thompson (Corporate Finance)

Alice Lane (Corporate broking)

Additional Information

The following information is being disclosed pursuant to Rule 17 and paragraph (g) of Schedule 2 of the AIM Rules for Companies.

Benjamin Luke Marnham, aged 46, has no beneficial interest in ordinary shares of 1p each in the capital of the Company and is, or has during the last five years been, a director or partner of the following companies and partnerships:

About Nasstar plc

Nasstar (www.nasstar.com) and its wholly owned operating businesses provide hosted managed and cloud computing services, integrating private and public clouds supplying a robust, secure and stable hosted Information Technology service to business customers. The Group provides a true end to end service for clients providing them with enhanced IT performance and greater cost control over their IT function. The Group owns its primary data centre, is head quartered in Telford with regional offices in Northampton, London and Bournemouth whilst 24 x 7 support is delivered from its Auckland office in New Zealand. Nasstar is an accredited Microsoft Gold Partner, is the 2016 Citrix Networking Partner of the Year and is certified to ISO 27001.

Nasstar specialises in building bespoke cloud hosted services to manage a client's entire application set, tailor made to suit specific industries, designing public, private and hybrid cloud solutions to meet the objectives of the client. The solution is a highly scalable service that provides benefits including "Anywhere Access" to computing; a standardised corporate solution that can be accessed globally in multiple languages; generating cost savings when compared to the traditional IT ownership model whilst replacing capital expenditure with a simple usage based payment model.

Nasstar (AIM:NASA) was founded in 1998, admitted to AIM in December 2005, acquired e-know.net Limited in a reverse takeover in January 2014, Kamanchi Limited in July 2014, VESK in October 2015 and Modrus Limited in September 2016.

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