Fletcher King plc

Directorate Changes

Fletcher King plc (the "Company") announces the following changes to be made to the Board of Directors, effective from 1 May 2021:

David Fletcher, currently Executive Chairman of the Company, will become Non-Executive Chairman.

Richard Goode, currently Executive Director of the Company, will become Non-Executive Director.

David Fletcher commented as follows: "This is a continuation of the Company's move to the next generation, following the promotion of Paul Andrews to Managing Director in May 2020 and promotion of Peter Bailey to Finance Director in November 2019. These appointments have facilitated the smooth transition of board level responsibilities. We will both continue to support and assist the team during this transition and in particular consulting with our clients whenever required. This will involve attending their board meetings, as requested, and advising on their portfolios."

This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement.

Enquiries

Fletcher King plc

David Fletcher / Peter Bailey

Tel: 0207 493 8400

Cairn Financial Advisers LLP

James Caithie / Liam Murray

Tel: 020 7213 0880

Forward Looking Statements

This announcement contains forward-looking statements relating to expected or anticipated future events and anticipated results that are forward-looking in nature and, as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, competition for qualified staff, the regulatory process and actions, technical issues, new legislation, uncertainties resulting from potential delays or changes in plans, uncertainties resulting from working in a new political jurisdiction, uncertainties regarding the results of exploration, uncertainties regarding the timing and granting of prospecting rights, uncertainties regarding the Company's ability to execute and implement future plans, and the occurrence of unexpected events.  Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors.