Appointment of Chief Executive

29 November 2011 

Personal Group Holdings plc (“Personal Group” or “the Company”)

Appointment of Chief Executive

The Company is pleased to announce the appointment of Mark Scanlon (43) as group chief executive designate. Mark will be appointed as chief executive of the Company as soon as the appointment has been approved by the Financial Services Authority.

Mark previously spent four years at FMG Support Ltd., the UK's leading incident management and roadside assistance provider, where he served as managing director, becoming chief executive in January 2011.  Mark had full responsibility for approximately £100 million turnover and led the board and a workforce of 400 people.  Prior to that, he was general manager and managing director of Commercial Division at Dyson Ltd., where he established a new division of the business in the UK and overseas, launching the Dyson Airblade globally.  From 2002 to 2005, Mark held the position of head of global business development at BAE Systems plc.

Mark Scanlon, group chief executive designate, commented:  “Personal Group is a company with a strong heritage and a wealth of possibilities.  To be able to lead this successful company through the next stage of its development is really exciting.”

Chris Curling, chairman of the Company, commented:  “We are delighted to welcome Mark to the board.  His track record of building and growing businesses over the last 15 years will greatly benefit the company, and put us in a strong position to respond to the current and future needs of clients.  I would like to welcome him on behalf of the group and wish him every success in his new appointment.”

Ken Rooney, who had temporarily resumed the position of group chief executive, will continue with his role as director and deputy chairman.

Mark was a director of FMG Support Ltd until September 2011. There are no other disclosures required under Schedule 2 paragraph (g) of the Aim rules.

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