Holdings in Company and Directorate Change

28 January 2014

Hayward Tyler Group plc

("Hayward Tyler Group" or the "Company")

Holdings in Company and Directorate Change

Hayward Tyler Group plc (AIM: HAYT), the specialist engineering group, is pleased to announce that the entire shareholding of MBE Mineral Technologies Pte Limited ("MBE") in the Company, totalling 18,971,166 Ordinary Shares of 1p each ("Ordinary Shares"), has today been placed with a range of institutional and other investors by the Company's broker, finnCap Limited.

As a result, MBE's three representatives on the Company's Board - non-executive directors Deepak Khaitan, Subir Dasgupta and Prabir Ghosh - have notified the Board of their intention to step down from the Board on completion of the new banking facilities announced earlier today, anticipated by mid February.

The Directors are also delighted to welcome Mr Maurice Mortimer Critchley onto the Board as a non-executive director with immediate effect. A long time investor in the Company, Mr Critchley (65) is the CEO and major shareholder of Severn Glocon Group PLC ("Severn Glocon"), a privately-held manufacturer of valves for the international oil & gas, LNG and power industries that has four manufacturing centres in the UK and India, seven service centres in the Middle East and Far East, and fourteen sales offices internationally. Mr Critchley's total beneficial interest in the Company is 2,736,370 Ordinary Shares representing 6.0% of the Company's issued share capital, including 2,275,370 Ordinary Shares held by Severn Glocon acquired today pursuant to the placing of MBE's holding in the Company.

Hayward Tyler's Employee Benefit Trust ("EBT") acquired 419,204 Ordinary Shares pursuant to the placing of MBE's holding in the Company. This represents the EBT's entire holding in the Company.

Ewan Lloyd-Baker, CEO of Hayward Tyler, commented:

"The Board would like to express its genuine gratitude for the support provided by Mr Khaitan and MBE both operationally and financially over the last eighteen months and looks forward to maintaining strong relationships with the McNally Bharat Group in the future. We are likewise delighted to have significantly widened our shareholder base through today's secondary placing and to be welcoming Maurice onto the Board given his extensive experience servicing the offshore oil & gas markets.

"We continue to see healthy growth across our operations and these developments, when combined with the re-banking announced earlier today, will allow us to continue charting the Company's own growth path more freely while maintaining our commitment to a progressive dividend policy."

In the last five years, Mr Critchley has held the following Directorships:

There is no further information on Mr Critchley required to be disclosed under Schedule Two, paragraph (g) (i)-(viii) of the AIM Rules for Companies.

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