Directorate Change

Directorate Changes

Ashley House plc the Primary Care Infrastructure specialist is pleased to announce the following Board changes:

Finance Director

Tony Walters has been appointed Finance Director with effect from today. Tony is a Chartered Accountant and joins from Lloyds Pharmacy where until recently he was MD of Sapphire Primary Care Developments, the business acquired by Ashley House in November 2009. Following that transaction Tony became a non-Executive on the Ashley House Board and now becomes a full time executive Director. Tony replaces Bruce Walker who resigns from the Board with effect from today to focus on leading and developing our sister company AH Medical Properties plc in his role as its CEO. Bruce will continue his involvement with Ashley House assuming overall responsibility for our Asset Management activities.

Chief Operating Officer

David Hartshorne (aged 56), has been appointed as a Director of the Company and joins the Board with effect from today. David has been with Ashley House since November 2008, and is responsible for the operations of the Company. David has had particular impact on Ashley House's work in the NHS LIFT sector. David is a Chartered Engineer by training and prior to joining Ashley House David has spent his career working on Infrastructure Projects most recently with John Laing where he established a successful NHS LIFT business amongst other projects.

A list of David's current and previous directorships are set out below. There are no other matters which are required to be announced pursuant to paragraph (g) of Schedule 2 to the AIM Rules.

Sir William Wells, Ashley House Chairman commented: "We are delighted to announce this strengthening of our Board and Executive team. Tony and David both know our business well and bring important and highly relevant experience and skills to our management team. Bruce leaves us with our thanks for his substantial contribution in helping us grow so considerably over the last 5 years. We look forward to continuing to work with him as he drives the growth of AH Medical Properties plc".

David's current directorships are set out below:

Capricorn Management Limited

East London LIFT Accommodation Services Limited

East London LIFT Accommodation Services No2 Limited

East London LIFT Company Limited

East London LIFT HoldCo No2 Limited

Healthcare Improvement Partnership (Wolverhampton City and Walsall) Limited

Wolverhampton City and Walsall Holdco Limited

Wolverhampton City and Walsall LIFT Accommodation Services Limited

Walsall Holdco Limited

Walsall Lift Accommodation Services Limited

East London LIFT Holdco No 3 Limited

Ellas No3 Limited

East London LIFT Holdco No4 Limited

Ellas No4 Limited

The names of all companies and partnerships of which David has been a director or partner at any time in the previous five years are set out below:

GRT Nottingham Lift Company Limited

GRT Nottingham LIFT MIDCO (No.1 Limited)

GRT Nottingham LIFT Project Company (No. 1) Limited

Leicester LIFT (MIDCO) Limited

Leicester LIFT Company Limited

Leicester LIFT Project Company (No.1) Limited

Southern Derbyshire LIFT (MIDCO) Limited

Southern Derbyshire LIFT Company Limited

Southern Derbyshire LIFT Company Project Company (No.1) Limited

John Laing Social Infrastructure Limited

John Laing Investment Limited

Excelllearn Limited