Directorate Change

Braemar Group PLC
06 July 2006


                            APPOINTMENT OF SALES DIRECTOR

The Board of Braemar Group plc is pleased to announce the appointment of Mark
Stubbs as Sales Director with immediate effect.  This non-board position will be
the key driver behind launching Braemar's forthcoming products into the
marketplace, including the anticipated launch of its SIPP residential property
funds.  Future funds include The Coronation IV Limited Partnership, expected to
be launched in September of this year.

Mark, aged 43, has over 20 years experience in the Financial Services sector
and, prior to joining Braemar Group, was Joint Managing Director of a Top 100
ranked national IFA and third party administration provider.

Marc Duschenes, Managing Director of Braemar Group commented:

'This key appointment bridges the gap between the maturity of Braemar's target
marketplace and Braemar's enterprising business plan.  Mark brings with him a
wealth of experience and is well known within the Financial Services sector.'

Mark added:

'I am delighted to be joining this innovative business and am very keen to
deliver these enterprising products into the market place.'

Braemar Group's core activity is the creation and management of a number of
residential property investment funds, via collective and tax efficient
investment schemes, including pensions, targeted at high net worth individuals.
Wheddon Ltd, which is owned by Investec Trust - the trustee for the Tchenguiz
family trust owns 29.88 per cent of the group.


Mark Christopher Stubbs


Current Directorships              Past Directorships
None                               The Hornbuckle Mitchell Group Limited
                                   Prospero Wealth Management Limited



Save as disclosed in this announcement, as at the date of this announcement,
Mark Stubbs has not:

•        any unspent convictions in relation to indictable offences; or

•        been declared bankrupt or made any individual voluntary arrangement; or

•        been a director of a company at the time of or within the twelve months
preceding any receivership, compulsory liquidation, creditors' voluntary
liquidation, administration, voluntary arrangement or any composition or
arrangement with creditors generally or any class of creditors; or

•        been a partner in a partnership at the time of or within the twelve
months preceding the partnership being subject to a compulsory liquidation,
administration or partnership voluntary arrangement; or

•        had any asset subject to receivership or been partner of any
partnership at the time of or within the twelve months preceding any asset of
such partnership being subject to a receivership; or

•        been subject to any public criticism by statutory or regulatory
authorities (including recognised professional bodies), nor disqualified by a
court from acting as a director of a company or from acting in the management or
conduct of the affairs of any company



There is no further information to disclose in respect of Mark Stubbs under
paragraph (g) of Schedule 2 of the AIM Rules.


For further information please contact:

Marc Duschenes - Managing Director                      Tel: [phone]
Martin Robinson - Chairman                              Tel: [phone]
Mark Stubbs - Sales Director                            Tel: [phone]
Julie Serrage - Investor Relations                      Tel: [phone]
Alex Clarkson - Zeus Capital Limited                    Tel: [phone]
Charles Ryland - Buchanan Communications                Tel: [phone]




Note to editors



Braemar Group plc ('Braemar') creates and manages residential property
investment funds, via collective and tax efficient investment schemes, targeted
at the high net worth individual community.



Braemar launched its first unregulated collective investment scheme in April
2003.  Coronation Limited Partnership was set up to invest in residential
property carrying capital allowances affording its investors a blend of exposure
to the residential sector and tax relief.  A second fund, The Coronation II
Limited Partnership closed for new investment in December 2004 and a third fund,
The Coronation III Limited Partnership, was launched in September 2005.





Braemar's income streams can be broadly divided into four categories:



1.   Fund Management.  Braemar receives an annual management fee
plus a carried interest or performance fee, which may be linked to an index.



2.   Property Management.  Once a fund is put in place, Braemar
either manages it in-house or sources all property management functions,
including overseeing development and project management, arranging finance and
insurances, tenancy management and rent collection.  Whilst project driven fees
typically generate a high margin up front, the longer term management activity
provides Braemar with a trail of recurring fee income.



3.   Property Trading and Development.  Braemar also trades
reversionary residential property, acting as agent or principal and from time to
time is involved in property development on its own account.



4.   Corporate Finance.  This division primarily acts as sponsor
to our own in-house funds, and will in later months offer corporate services,
fund design and fund promotion to external ventures.



Following pension deregulation in April 2006 (A-Day), Braemar has created a
range of collective property funds that are suitable for investment by
individuals via their personal pension funds.








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