Directorate Change

Charles Stanley Group PLC is pleased to announce the appointments of Bridget Guerin and David Pusinelli as Non-Executive Directors of the company with immediate effect.

Bridget Guerin

Bridget has over 26 years of experience in the financial services industry, most recently serving as a Director of Matrix Group Limited from March 2000 until December 2009. She left the Matrix Group in March 2011. Prior to that, Bridget was Marketing Director at Schroder Unit Trusts and was responsible for the business strategy and product development for Schroder's UK range of retail investment products. Prior to that, Bridget was Sales and Marketing Director of the Retail Products Division of Ivory & Sime. Bridget will chair the Charles Stanley Group Remuneration Committee.

The following is a list of directorships currently held or held by Bridget in the last five years;

Mobeus Income & Growth VCT PLC (previously Matrix)

CCP Quantitative Fund

Cantab Capital LTIP Limited

Schroder Income Growth Fund PLC

Cantab UCITS Funds PLC

Trustee of the York Race Committee

Trustee of the York Racecourse Pension Fund

Former Directorships

Matrix Money Management Limited

Matrix Group Limited

Matrix (Bermuda) Limited

Matrix Alternative Investment Strategies Fund Ltd

Matrix Structured Products Limited

Matrix UCITS Funds plc

Matrix Income & Growth 3 VCT PLC

David Pusinelli

David is currently a consultant and adviser to a number of financial services businesses. Prior to this he was at Close Brothers Group PLC from 1986 to 2008. From 2002 to 2008 he served on the main board of Close Brothers as Director of Corporate Development. He also held directorships in the asset management, corporate finance and securities divisions and he continues to chair the trustees of the Close Brothers pension scheme. Subject to FSA approval he has just been appointed a director of APS Financial Ltd, a debit-card issuer backed by Trident Capital of California. Prior to his career at Close Brothers, David qualified as an ACA at Coopers and Lybrand. It is anticipated that after an initial period David will become Chairman of the Audit Committee.

Sir David Howard (Chairman) commented "We are delighted to welcome both Bridget and David to the Charles Stanley Group PLC Board. They each bring a mixture of experience and expertise in the Financial Services industry which we believe will be highly complementary to the growth of the Charles Stanley Group going forward."

There is no further information to be disclosed in accordance with paragraph 9.6.13 of the Listing Rules of the UK Listing Authority.