Directorate Change

23 February 2016

Findel plc ("Findel" or "Group")

Directorate change & update on board committees

Findel appoints Greg Ball as a non-executive director

Findel is pleased to announce the appointment of Mr Gregor Ball as an independent Non-executive Director of the Group. Mr Ball will join the Board with immediate effect.

Mr Ball has significant experience of working in retail and regulated financial services from across his executive and non-executive career which has included senior positions at Home Retail Group plc and Littlewoods Organisation plc. He is currently a Non-executive Director of Ageas UK, part of the international insurance group, Fortis.

Commenting on the appointment, David Sugden, Chairman, said: "I am delighted to welcome Greg to the board. His extensive experience in retailing and financial services is directly relevant to our main business, Express Gifts and I am sure will prove invaluable."

Findel also confirms that Eric Tracey has been appointed Chairman of the Audit and Risk Committee and Bill Grimsey has been appointed Chairman of the Remuneration Committee.

BIOGRAPHICAL DETAILS

Up until July 2015, Greg Ball was MD Financial Services at Home Retail Group, having joined the business in 2004. Greg previously held a number of senior roles at Littlewoods Organisation plc, including being in charge of financial services, ecommerce and marketing.

The Company confirms that there is no further information about Greg Ball requiring disclosure under paragraph 9.6.13 (1) to (6) of the Listing Rules of the UK Listing Authority.

-Ends-

For further information, please contact:

Tulchan Communications LLP

Stephen Malthouse

Giles Kernick

T: +44 (0)207 353 4200