Directorate change

Date: 6 October 2014

On behalf of: Charles Taylor plc ("Charles Taylor" or the "Company")

Embargoed until: 0700hrs

Charles Taylor plc

Directorate change

Charles Taylor plc, the international provider of professional services to the insurance sector, is pleased to announce that Barnabas Hurst-Bannister has been appointed as a Non-executive Director of the Company with effect from 8 October 2014. Barnabas will join the Nomination, Audit and Remuneration Committees with effect from the same date. He replaces Julian Cazalet, who has been the Senior Independent Non-executive Director of the Company throughout his time on the board, and who retires from the board with effect from today. Gill Rider will become the Senior Independent Non-executive Director in addition to her role as Chairman of the Remuneration Committee.

Barnabas Hurst-Bannister, ACII, has had a long career in insurance, initially as a broker before moving to underwriting. He spent twenty years underwriting Marine and Non-Marine classes, before becoming chairman of Travelers Syndicate Management Limited. He is a former Chairman of the London Market Group and the Lloyd's Market Association and a former member of the Council of Lloyd's. He is currently a Non-Executive Director of Price Forbes & Partners Ltd, The Standard Club Ltd, Talbot Underwriting and Torus Insurance.

Rupert Robson, Chairman, Charles Taylor plc, said:"I am pleased to welcome Barnabas to the Board. His deep knowledge and understanding of Lloyd's and the London insurance markets will be invaluable. I would like to thank Julian for his significant contribution to the Board over the last six years as Senior Independent Non-executive Director and I am delighted to welcome Gill Rider as our new Senior Independent Non-executive director."

There are no further details relating to the appointment of Barnabas Hurst-Bannister that are disclosable under paragraph 9.6.13 (1) to (6) of the Listing Rules of the UK Listing Authority.

-ENDS-

Notes to editors

Charles Taylor plc is a leading provider of professional services to clients across the global insurance market. The Group has been providing services since 1884 and today employs over 1,000 staff in 60 offices spread across 25 countries in the UK, the Americas, Asia Pacific, Europe and the Middle East.

The Group offers services, principally on a fee-based model and operates through three businesses - Management, Adjusting and Insurance Support Services. Charles Taylor also owns some insurers.

Further information is available at www.ctplc.com

Statements made in this announcement that look forward in time or that express management's beliefs, expectations or estimates regarding future occurrences are "forward-looking statements" within the meaning of the United States federal securities laws. These forward-looking statements reflect the Group's current expectations concerning future events and actual results may differ materially from current expectations or historical results.