Director/PDMR Shareholding

Morgan Advanced Materials plc (the 'Company')

Notification of transaction of a Person Discharging Managerial Responsibility (PDMR)

26 February 2015

This notification is made pursuant to DTR 3.1.4R(1)(a).

The Company has been notified that on 25 February 2015, Andrew Riley, a PDMR, sold 12,000 ordinary shares in the Company at a price of £3.2578.

Following this transaction, Andrew Riley holds 24,489 shares, representing 0.00858% of the issued share capital of the Company.

Enquiries: Stephanie Mackie, Morgan Advanced Materials plc

Tel: 01753 837000