Directorate Change

16 December 2014

Stock Exchange Announcement

LIONTRUST ASSET MANAGEMENT PLC

Directorate changes

Liontrust Asset Management Plc ("Liontrust" or the "Company"), the specialist independent fund management group, confirms the following directorate changes:

George Yeandle will join the Board on 2 January 2015 as an Independent Non-executive Director and Chairman of the Remuneration Committee.

George is a chartered accountant with over 30 years' experience having specialised throughout most of his career in advising clients on executive pay and remuneration issues. He has also held a number of internal leadership roles. He trained with Coopers & Lybrand (now PricewaterhouseCoopers LLP) before being admitted as a partner in 1989.

More recently, George was Operational Leader of the London Region Human Resource Services Business and a Senior Partner of PricewaterhouseCoopers LLP, retiring in December 2013.

Current directorships - None.

Other directorships in the previous five years - None.

The Company confirms that there are no further matters to be disclosed pursuant to the requirements of paragraph LR 9.6.13 R of the Listing Rules of the UK Listing Authority.

Jonathan Hughes-Morgan has notified the Board of his intention to resign as Director of the Company, with immediate effect, to concentrate on building Liontrust's international distribution as Co-Head of International Sales with James Beddall, who joined the Company in September 2014. Jonathan remains with the Company as a member of Liontrust Fund Partners LLP.

Adrian Collins, Chairman of Liontrust, said: "George Yeandle will add extensive and valuable experience to the Board and the business, particularly through his knowledge of and insight into pay and remuneration. I and the rest of the Board are looking forward to working with George and his contribution to the further growth of Liontrust over the coming years.

"We are delighted that Jonathan has decided to focus entirely on developing Liontrust's international business. This will be a key part of our future development not only in distribution but also attracting new fund management teams.

"I would like to thank Jonathan for his contribution to the Board over the past three years and look forward to supporting him in growing our international business."

For further information please contact:

Liontrust Asset Management 020 7412 1700

John Ions, Vinay Abrol www.liontrust.co.uk

Simon Hildrey - Head of Marketing & Distribution Strategy

Numis Securities Limited 020 7260 1000

Charles Farquhar, Andrew Holloway

END