New Chief Financial Officer Appointment

Pace plc: New Chief Financial Officer Appointment

Saltaire, UK, 24 February 2012: Pace plc today announces that Roddy Murray has joined the Board of Pace plc and will be appointed Chief Financial Officer with effect from 6 March.

He will succeed Stuart Hall who, after 5 years with Pace plc, is stepping down from his role and the Board on 6 March.

Mike Pulli, CEO, commented: "We are delighted to welcome Roddy to the business. He brings with him a wealth of financial experience most recently as CFO of The BSS Group plc and prior to that Moss Bros Group plc. His background will be very valuable as we move into the next stage of Pace's development and deliver on our Strategic plan."

Chairman, Allan Leighton, commented: "We would like to thank Stuart for his contribution to Pace during his time here. He joined the company in 2007 and has helped steer the business through an important phase in its development. We wish him and his family well for the future."

Roddy Murray was CFO and director of The BSS Group plc between May 2006 and December 2010. There is no further information required to be disclosed pursuant to LR9.6.13R is respect of Roddy Murray.

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For further information please contact:

Charles Chichester / Andrew Dowler Scott Sheldon/Anthony Dixon

RLM Finsbury Pace plc

+44 (0) 207 251 3801 +44 (0) 1274 532000

Note to Editors:

Biography - Roddy Murray, Chief Financial Officer Pace plc

Roddy Murray has been appointed to the Board of Pace plc and his appointment as CFO will take effect on 6 March 2012. Most recently, Roddy served as CFO of The BSS Group plc. He joined in the role in May 2006 and was responsible for leading the growth strategy of the business alongside the CEO. During his tenure there, revenues and earnings increased by 65% and 50% respectively. The Group was sold to Travis Perkins in December 2010 at which point the business was turning over in excess of £1.4bn in revenues and £55m in profit and was a FTSE 250 London listed company.

Prior to joining The BSS Group, Roddy was CFO of Moss Bros Group plc, the menswear fashion retailer, a post he managed from April 2002 to December 2005 when the Group had turnover of £133m and profit of £5.5m.

Roddy has also served as CFO of Mackays Stores, a privately owned fashion retailer, and before that he had roles at United Distillers and British Airways.

Roddy qualified as a Chartered Accountant at the Scottish Institute before working for Price Waterhouse in London. He holds a Bachelor's degree in Administration from Dundee University.