(ASTR.L) Astaire Group PLC Buy/Sell

RNS Number : 0840C Astaire Group Plc 06 November 2009

Astaire Group PLC ("Astaire" or the "Company")

Change of Director

The board of Astaire Group PLC is pleased to announce the appointment of Andrew Christopher Roberts (Chris Roberts) as Group Finance Director with immediate effect.

Chris Roberts is a Chartered Certified Accountant and was previously Finance Director of the Company for 11 years until December 2008, having resigned during the offer for the Company by Evolve Capital PLC. He has today also been appointed as a director of Evolve Capital PLC, the AIM listed parent company of Astaire. He was previously chief executive of The eVestment Company plc (now Evolution Group Plc) until it acquired Christows Group Limited in November 2000, remaining as managing director of its private equity division until March 2001. Chris has been a director of a number of publicly quoted businesses over the last twelve years, including companies in fashion, telecoms, software and retail.

Peter Joy is stepping down from the Board of Astaire as Finance Director to pursue other business interests, but will work with the Company until the end of the year to ensure a smooth transition. The Board would like to thank Peter for his contribution to the group and wish him well for the future.

Andrew Christopher Roberts, aged 46, is currently a director of Evolve Capital PLC, Flabitech Limited and

Mulberry Group plc, and within the last five years he has been a director of the following companies:

4 HighTech.com Inc (US)

Albany Capital Advisers Limited

Albany Capital plc

Astaire & Partners Limited

Astaire Group plc

Astaire Securities plc

Blue Oar Asia Pacific Ltd

Blue Oar Capital Limited

Bradley Smart Ltd

C S Securities Ltd

Cabot Portfolio Nominees Limited

Chromogenex Limited

Colston Portfolio Nominees Limited

Corporate Synergy Holdings Limited

Dartington Portfolio Nominees Limited

Delves House Management Limited

Inspire Fleet Solutions plc

Inteq Ltd (Aus)

Formjet plc

Kontona Ltd

M & P Direct Limited

Mountcashel Employees Trustees Limited

Pallola Ltd

Pendington Limited

RD Portfolio Nominees Limited

Redstone plc

Rowan Dartington & Co. Limited

Rowan Dartington Trustees Limited

Unica Communications Limited

Within the last five years, Mr Roberts has been a partner in the following partnerships:

Blue Oar Asset Management LLP

Matrix Alternative Asset Management LLP

St Helens Capital Partners LLP

Christopher Roberts was a non-executive director (representing The Evolution Group plc) of EBop Media plc and EBop Limited which went into liquidation on 19 December 2000, with estimated deficiencies to creditors of £309,336 and £2,038,958 respectively. Christopher Roberts was a non-executive director (representing The Evolution Group plc) of Unica Communications Limited, to which an administrative receiver was appointed on 9 February 2001. The deficiency to creditors has not yet been established. Christopher Roberts was also a non-executive director (representing The Evolution Group plc) of Eighteen Global Incorporated which was placed in insolvent liquidation (pursuant to chapter 7 of the United States Federal Bankruptcy Code) during 2002. The deficiency to creditors was not available.

Enquiries:

Astaire Group PLC

Edward Vandyk, Chief Executive Officer

Tel: 020 7448 4400

www.astairegroup.co.uk

Maitland

Neil Bennett / George Hudson

Tel: 020 7379 5151

Fairfax I.S. PLC (Nominated Adviser)

Jeremy Porter

Tel: 020 7598 5368

This information is provided by RNS The company news service from the London Stock Exchange

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