595_d_15 September 2011 - Directorate Change by zhangyun


									                      Private & Commercial Finance Group plc

                                  Directorate Changes

Private & Commercial Finance Group plc (“PCFG” or “the Company”) is pleased to
announce that Nick Winks has joined the board as a Non-Executive Director with
immediate effect.

Mr. Winks is a highly experienced businessman who has held senior positions in a wide
range of businesses and who has a track record of implementing appropriate changes that
significantly improve shareholder value.

In addition, David Anthony, previously Non-Executive Director, has today been
appointed as Non-Executive Chairman. Tony Nelson, who was previously Non-
Executive Chairman, remains as a Non-Executive Director.

Tony Nelson commented: “We are delighted to welcome Nick to the Board. His wide-
ranging experience should prove invaluable as we further develop our strategy for
growing the Company. Nick joins David Anthony, formerly Chief Executive of Hitachi
Capital (UK) PLC, who was appointed to the board in July and we are fortunate to now
have two dedicated and experienced independent directors, both with a strong focus on
improving shareholder value.

“I am pleased to say that the board has acceded to my request that David Anthony should
take over the role of Chairman and his appointment is effective from today. I will remain
on the board and give David my full support.”

Further information on Nick Winks

Disclosures in respect of Nicholas Paul David Winks, aged 63, under Schedule Two (g)
of the AIM Rules for Companies:

Current directorships/partnerships:         Previous directorships/partnerships in the
                                            last five years:

Adventis Group plc                          C.H.H. Conex Limited
Butler & Young Group Limited                Claimar Care Group Limited
Butler & Young Holdings Limited             Evans Mechanical Services Limited
Caspian Media Holdings Limited              Hospedia Limited
Caspian Media Holdings Limited              Hospital Entertainment Limited
FJ Jones Heating Engineers Limited          Jupp Limited
FJ Jones Holdings Limited                   K3 Panacea Limited
Institute For Turnaround                    Patient Limited
K.M.B. Telemarketing Limited                Patientline Canada Limited
Speedfit Limited                            Patientline plc
Sure Maintenance Group Limited              Polysource Holdings Group Limited
Sure Maintenance Limited                    Project Potion EBT Limited
Tekdata Group Limited                       Project Potion GH Limited
Tekdata Holdings Limited                    Project Potion Group Limited
Tekdata Interconnections Limited            Project Potion Holdings Limited
Waypoint Change LLP                         S.E.G. plc
Waypoint Holdings Limited                   Tekdata Distribution Limited
                                            Trustline Limited (dormant)
                                            Welland Supplies Limited

Mr. Winks was a director of Patientline plc until it was placed into administration on 25
July 2008. In October 2004, Mr. Winks was the Executive Chairman of Jubb Limited
when it was placed into administration. Jubb Limited was subsequently placed into a
creditors' voluntary liquidation on 2 December 2005.

Nick Winks was also a Director of Colorgraphic plc and its subsidiaries until 30 January
1993. Colorgraphic plc was placed into a creditors’ voluntary liquidation on 29 January
1993, and its subsidiaries, Colorgraphic Leasing Limited, Colorgraphic Overseas
Limited, Colorgraphic Services Limited, Colorgraphic Group Pension Trustees Limited
and Colorgraphic North America Limited, were dissolved in 1994.

Mr. Winks has confirmed that there is no further information to be disclosed in
accordance with the requirements of Schedule Two (g) of the AIM Rules for Companies.

Private & Commercial Finance Group plc
Scott Maybury / Robert Murray                        020 7222 2426

Westhouse Securities Limited (Nominated Adviser)
Tim Feather / Matthew Johnson                    020 7601 6100

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