Management change

12 October 2015

LAMPRELL PLC("Lamprell" or "Company" and with its subsidiaries the "Group")

MANAGEMENT CHANGE

Lamprell (ticker: LAM), a leading provider of diversified fabrication, engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries, announces the following change to the senior management of the Company. Mr Niall O'Connell has been promoted to the role of Chief Operating Officer with immediate effect. Mr O'Connell joined the Group in April 2013 as Vice-President (Projects) and, since October 2014, has been in the role of Vice President and General Manager (New build jackup rigs).

Mr O'Connell has 20 years of experience in the sector, having spent seven years at KBR with a focus on LNG projects, and prior to this 12 years at Cape Industrial Services in a number of international roles. He has more than ten years' experience working in the Middle East, with a proven track-record of project delivery with high standards of quality, safety and profitability.

In the role of Chief Operating Officer, Mr O'Connell will report to James Moffat, CEO, with responsibility for supervising overall operational performance, including organisational efficiencies, competitive positioning, implementation of process and productivity improvements, project delivery and resource management.

James Moffat, Chief Executive Officer, Lamprell, said:

"I am pleased that Niall O'Connell has been promoted to the role of Chief Operating Officer for the Company, another internal promotion following the appointment of Tony Wright as Chief Financial Officer in August. Niall has been instrumental in the Group's robust performance in our new build jackup rigs business, demonstrating his strong management skills and clear focus on delivery. In the COO role, he will continue to be a key contributor to the Group's ongoing performance and I am confident that we will benefit from his solid sector expertise and regional experience in the implementation of our long term strategy."

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