Resignation of CFO

7 October 2015

Ten Alps plc

("Ten Alps" or the "Company")

Resignation of CFO

Ten Alps plc announces that Nitil Patel, CFO of the Company, has tendered his resignation. A search for a replacement has commenced and an announcement in relation to such appointment will be released in due course. Nitil will work his notice period and will facilitate an orderly transition to a successor.

For further information please contact:

Ten Alps plc +44 (0) 20 7878 2311

Mark Wood, CEO

c/o Emer Donohoe

www.tenalps.com

N+1 Singer (NOMAD to Ten Alps) +44 (0) 20 7496 3000

Shaun Dobson / Lauren Kettle

FTI Consulting (Financial PR) +44 (0) 20 3727 1000

Rob Mindell