17 April 2012

MWB GROUP HOLDINGS PLC

MWB Group Holdings Plc appoints Non-Executive Director to Malmaison Board

MWB Group Holdings Plc ("MWB"), the hotels to serviced offices business, is pleased to announce, with immediate effect, the appointment to the Board of MWB Malmaison Holdings Limited ("Malmaison") of Steve Hebborn as Non-Executive Director.

MWB Malmaison Holdings Limited is the holding company for MWB's award winning boutique lifestyle hotel division.

Steve brings with him invaluable experience in the hotel sector having been the C.E.O. of Jarvis Hotels Limited ("Jarvis") for six years, until the sale of the business in 2011. During his time at Jarvis he oversaw the restructuring of the hotel portfolio and its repositioning into the three and four star market

He is a chartered accountant who started his career at KMPG moving on to become C.F.O. of the North American business of FirstGroup plc where he gained considerable capital markets and funding experience.

Commenting on the appointment MWB Group Holdings Plc Chairman Eric Sanderson said:

"I look forward to working with Steve and am delighted that he has agreed to join the board of Malmaison. His experience in the hotel industry gained at Jarvis and in his previous positions qualify him well for this role."

Contacts:

Hudson Sandler: 0207 796 4133

Michael Sandler/Charlie Jack


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