Manchester & London Investment Trust plc announced that Mr. Brian Stephen Sheppard, a founding director of the company, has tendered, and the board has accepted, his resignation as a non-executive Director of the company, with effect from August 30, 2013. With immediate effect, Mr. Brett Lance Miller, has been appointed to the Board as a non-executive Director to replace Mr. Sheppard. Mr. Miller is executive director of Damille Partners Limited, Damille Investments Limited and Damille Investments II Limited.

Mr. Miller also presently serves as a director of the following public companies: a non-executive director of EIH plc, a non-executive director of Rapid Realisations Fund Limited, a non-executive director of Loudwater Trust Limited, and as a non-executive director of Pactolus Hungarian Property plc.