Directorate Change

by

Formation Group Plc announces that Desmond Khan has stepped down from the board of the Company, effective immediately. The Board would like to thank Desmond for his years of service and would like to wish him all the best with his future endeavours.

The Directors of the Company accept responsibility for this announcement.

Enquiries:

Formation Group plc

Tel: +44 (0) 20 7920 7590
David Kennedy, Chief Executive Officer

NEX Exchange Corporate Adviser
Peterhouse Corporate Finance Limited (Corporate Adviser)

Tel: +44 (0) 20 7469 0930
Mark Anwyl / Fungai Ndoro