Withdrawal of claim

Management Resource Solutions plc

EPIC: MRS

19 October 2017

Management Resource Solutions plc

("MRS" or "the Company")

Withdrawal of claim received relating to MRS Guernsey Limited

The Board is pleased to announce that, further to the announcements of 26 June and 19 July 2017, the Joint Voluntary Liquidators of MRS Guernsey Limited (a subsidiary of the Company that is in voluntary liquidation) have withdrawn their claim.

For further information:

Management Resource Solutions plc

John Zorbas, Chairman +1 (0) 778 938 7631

Nigel Burton, Director +44 7785 234 447

Trevor Brown, Director +41 7941 55384

Northland Capital Partners Limited +44 (0) 20 3861 6625

(Nominated Adviser and Joint Broker)

Tom Price

Gerry Beaney

Peterhouse Corporate Finance Limited +44 (0)20 7469 0932

(Joint Broker)

Charles Goodfellow

Lucy Williams

This announcement includes inside information as defined in Article 7 of the Market Abuse Regulaion No. 596/2014 and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations. On the publication of this announcement via a Regulatory Information Service ("RIS"), this information is considered to be in the public domain.

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