Director/PDMR Shareholding

Morgan Advanced Materials plc (the 'Company')

Notification of transaction of a Director

18 December 2014

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

The Company has been notified that today, 18 December 2014, Andrew Reynolds Smith, Non-executive Director, purchased 5,000 ordinary shares in the Company at a price of 309.25p.

Following this transaction, Andrew Reynolds Smith holds 5,000 shares, representing 0.00175% of the issued share capital of the Company.

Enquiries: Stephanie Mackie, Morgan Advanced Materials plc

Tel: 01753 837000