Resignation of Finance Director

Cpl Resources plc

25th January 2013

Cpl Resources plc ("Cpl" or the "Company") announces the resignation of Finance Director

Cpl Resources plc, the leading provider of recruitment and outsourcing services in Ireland announces with regret that Josephine Tierney has today given notice of her resignation from the Board of Directors and as Finance Director. After almost twelve years with Cpl, Josephine is leaving her position to pursue other opportunities. An executive search for her successor has commenced.

John Hennessy, Chairman, commented: "Josephine joined Cpl in 2001. Since then she has made a very significant contribution to the growth and success of the Group. She has led the finance function successfully through periods of major growth and expansion, both in Ireland and overseas. She has also been instrumental in the negotiation and delivery of important acquisitions for the Group and has been a very effective member of the Board. I am personally very grateful for her contribution and support over the years. On behalf of the Board I would like to express our gratitude to Josephine for her commitment to Cpl and to wish her well in her future career."

Anne Heraty, CEO, commented: "We sincerely appreciate Josephine's loyalty, dedication and commitment to Cpl over her term as Finance Director. She was an integral part of our senior management team and on behalf of the whole Group I would like to wish Jo every success in her new role."

For Further Information:

Anne Heraty, CEO, CPL Resources: +3531 614 6000

Ivan Murphy/ Daragh O'Reilly, Davy Corporate Finance: +353 1 679 6363

Conall O'Móráin, The Media Group: +353 872 463111