Appointment of CFO

RNS Number : 6765S

LSL Property Services

10 July 2015

For Immediate Release

10 July 2015

LSL Property Services plc

("LSL" or "the Group")

Board Change

Adam Castleton to be appointed as Group Chief Financial Officer

LSL, a leading provider of residential property services incorporating both estate agency and surveying businesses, announces that Adam Castleton will be appointed to its Board as Group Chief Financial Officer, subject to the approval of the Financial Conduct Authority.

Adam will join LSL from French Connection Group PLC where he is currently the Group Finance Director. He previously held leadership roles at a number of market leading companies including O2 UK, eBay, and The Walt Disney Company. Adam has over 25 years' experience in finance, having started his career with Price Waterhouse where he qualified as a Chartered Accountant in 1989.

Ian Crabb, LSL's Group Chief Executive, commented: "Adam's breadth of financial skills and experience combined with his experience of the retail and services sectors make him a strong fit with LSL. I look forward to working with Adam to fully capitalise on the opportunities to further grow and develop LSL's businesses."

A further announcement regarding Adam's start date will be made in due course. Andrew Burchall who was appointed as Interim Group Finance Director of LSL on 5^th January 2015 has entered into a transition services agreement to facilitate a smooth transition with Adam.

Ian Crabb commented: "I would like to thank Andrew for the substantial contribution he has made to LSL since his appointment in January and would like to wish him all the best for the future."

There is no further information to be disclosed under Listing Rule 9.6.13R.

For further information, please contact:

Ian Crabb, Group Chief Executive Officer
LSL Property Services plc	0207 382 0360

Richard Darby, Sophie McNulty, Sophie Cowles
Buchanan	0207 466 5000