Non-Executive Director Appointment

CareTech Holdings PLC

("CareTech" or "the Company" or "the Group")

Non-Executive Director Appointment

The Board of CareTech Holdings PLC (AIM: CTH) is pleased to announce the appointment of James Stuart Cumming, 62, as a non-executive director of the Company with effect from 28th March 2013.

Jamie has a strong track record in City corporate and investor relations. Having started his career with Touche Ross, Jamie became an Investment Analyst with Parsons & Co. (latterly Allied Provincial Securities) in 1978 and was an Extel rated analyst. Following this he joined Brewin Dolphin in 1996, ultimately leading both the institutional research and sales teams, and developing the corporate broking activities. In 2011 he became Head of Brewin Dolphin`s Corporate Advisory & Broking Division and led the demerger of Brewin Dolphin`s investment banking activities through a merger with Madrid based asset manager and M&A house N+1, to create N+1Brewin. He became Chief Executive Officer of the new business in 2012, latterly overseeing the subsequent merger with Singer Capital Markets.

Jamie is currently a Divisional Director of Brewin Dolphin, one of the UK`s largest independently-owned private client investment managers, and a consultant to full service stockbrokers Peel Hunt, a leading adviser to UK Mid & Small cap companies.

Commenting on the appointment Farouq Sheikh, Executive Chairman said:

"I am delighted to welcome Jamie to the CareTech Board. With over 30 years in the City, Jamie has a wealth of experience in advising both institutional investors and corporate clients. This expertise will be invaluable as CareTech strengthens its relationships with existing and new investors, communicating its growth strategy and positive view of the opportunities that are offered within the new social care environment."

There are no further matters in connection with the appointment of Jamie Cumming to be disclosed under Schedule Two paragraph (g) of the AIM Rules. 

For further information, please contact:

CareTech Holdings PLC 01707 601800

Farouq Sheikh, Executive Chairman

Michael Hill, Group Finance Director

Buchanan Communications 0207 466 5000

Diane Stewart

Carrie Clement

Karyn McShane