Directorate Change

DIRECTORATE CHANGES

eg solutions plc ("eg" or "the Company"; LSE-AIM: EGS), the global back office optimisation software company, announces the appointment of Phil Lee to the Board as a Non-Executive Director with Board Finance responsibility with effect from 16 May 2011. A resolution to confirm this appointment will be put to shareholders at the Company's Annual General Meeting due to be held on 8 June 2011.

Aged 55 years, Mr Lee has been a Board Director of Co-Operative Financial Services, with responsibility for Integration and Change, following the merger with Britannia Building Society in August 2009. He joined Britannia Building Society as Group Finance Director in 2002 until his appointment in January 2008 as Managing Director Britannia Capital Investment Group consisting of four subsidiaries, Platform (intermediary lender), WMS (mortgaging servicing), Britannia Commercial Lending and Britannia Treasury Services.

Other senior positions held by Mr Lee are:

·; 1998 to 2002 - Finance Director, West Bromwich Building Society.

·; 1993 to 1998 - Head of Finance, Bristol & West plc (formerly Bristol & West Building Society).

·; 1991 to 1993 - Head of Finance, Somerfield plc.

A chartered accountant, Phillip Andrew Lee qualified in 1983 with Ernst & Young where he worked in London and Bristol. Prior to joining Ernst & Young in 1981, he worked in the National Audit Office (1978-1981) having worked for Wigan Metropolitan Borough Council (1975-1978). He is a maths graduate from Imperial College London.

There are no other disclosures required under Rule 17 Schedule 2 (g) of the AIM Rules.

Andrew McRae, Non-Executive Director will not seek re-election at the AGM due to his increasing international commitments.

Rodney Baker-Bates, Non-Executive Chairman, commented:

"We would like to thank Andrew for both his strong commitment and contribution during his 5 years as a director, including the last 2 years as interim finance director which have seen substantial change at eg. His executive responsibilities, now in Australia, prevent him continuing in his Board role. We wish him every success for the future.

"We are delighted that Phil has joined the Board. He knows eg well having been a customer with three companies. His knowledge and experience of the financial services industry, including successful integration of acquisitions and implementation of major IT projects, will be invaluable to us. We look forward to working with him as a colleague." 

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About eg solutions plc

eg solutions plc is a global back office optimisation software company. Our software provides historic, real-time and predictive Operational MI. When implemented with our training programme for managers and team leaders to use this intelligence, we guarantee improvements in operational results in short timescales.

The Company, which is listed on the Alternative Investment Market ('AIM') of the London Stock Exchange, is committed to customer satisfaction and the ongoing development of its operations management solutions.