Further to yesterday's announcement by MWB Group Holdings plc ("Group") that Richard Balfour-Lynn is stepping down as Chief Executive and a Director of Group with effect from 31 March 2012, Richard has also notified the Board of Business Exchange of his intention to step down as Chairman and a Director of Business Exchange with effect from that same date.

For further information, please contact: 

MWB Business Exchange plc
Keval Pankhania, Finance Director
020 7868 7255

Malcolm Murray, Independent Non-Executive Director
07771 547 671

N+1 Brewin (NOMAD & Broker)
Sandy Fraser
0131 529 0272