Directorate Change

Appointment of Non-Executive Director

25 August 2015

Shawbrook Group PLC ("Shawbrook" or "the Company" or "the Group") today announces the appointment of Paul Lawrence as an independent non-executive director of the Company with effect from 24 August 2015. It is also the Board's intention to elect Paul as Chairman of the Board Risk Committee and as a member of the Board Audit Committee.

Paul Lawrence was formerly Global Head of Group Internal Audit for HSBC. During a 31 year career with the bank, Paul was CEO of HSBC Bank, North America, Head of Global Banking & Markets USA, CEO of HSBC Singapore, and CEO of HSBC Philippines.

Iain Cornish, Chairman, commented: "Paul brings over 30 years' commercial and operational experience in banking and will be a valuable addition to the Board of Shawbrook. I look forward to working with him and to his contribution to the continued success of the Group."

There is no information to be disclosed pursuant to LR 9.6.13R in respect of Paul Lawrence As at the date of this announcement, Paul has no beneficial interests in the ordinary shares of the Company.

ENQUIRIES

· Instinctif Partners

· Mike Davies / Nick Woods / Ross Gillam

· 020 7457 2051 / 020 7866 7904 / 020 7457 2035

[email protected]/ [email protected]/ [email protected]