Update

8 October 2019

Management Resource Solutions plc

Update

Further to the announcement of 27 September, the Company continues to make progress in its discussions to restructure the debt and on the preparation of financial statements for the year ended 30 June 2019.

ENDS

For further information:

Management Resource Solutions plc via FTI Consulting

Paul Brenton, CEO Tel: +44 (0) 20 3727 1000

Tim Jones, Finance Director

Arden Partners plc (NOMAD & Broker) Tel: +44 (0) 20 7614 5900

Paul Shackleton/Tom Price

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

Alex Beagley

James Styles

Sam Macpherson

About MRS

Management Resource Solutions plc (MRS), through its subsidiaries Bachmann Plant Hire and MRS Services Group, offers plant hire, equipment repair, refurbishment and fabrication, mine rehabilitation, earthmoving, road construction and other support services to a wide base of private and public sector clients in Australia. MRS caters predominately for the mining, civil engineering, construction and infrastructure industries.

Further information on the Company can be found at http://www.mrsplc.info