Statement re : Appointment of Interim CEO

Monday 10 March 2014

Appointment of Interim CEO

Mothercare plc is pleased to announce the appointment of Mark Newton-Jones as its Interim CEO with effect from 17^th March 2014, reporting to the Chairman.  As this is an interim appointment Mark will not formally be appointed to the Board.  The Board will continue its search for a permanent CEO.

Mark was previously the Group CEO of Shop Direct, where he led the transformation and turnaround of the UK's leading internet and home shopping business, leaving in July 2013 after almost a decade. Prior to Shop Direct, Mark had a successful career at Next plc in senior roles in the high street retail business and latterly as the Director responsible for Next Directory. Mark's retail career spans some 30 years.

Alan Parker, Chairman of Mothercare plc, said: "We are delighted to have secured the appointment of Mark as our interim CEO. His leadership skills and depth of experience in retailing through stores and online will further enhance our drive to deliver the recovery of the UK business to complement the strong and growing international operations. We look forward to welcoming Mark to Mothercare on 17^th March." 

Mark Newton-Jones said: "I'm very much looking forward to working alongside Alan, the Board and the Executive team of Mothercare, and to help in the transformation of the UK business whilst we continue to grow the successful international division." 

Enquiries to:

Mothercare plc

Matt Smith, Chief Financial Officer

Ramona Tipnis, Director of Investor Relations                                    01923 206455

Tulchan Communications

Katharine Wynne                                                                         020 7353 4200

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Source: Mothercare Plc via Globenewswire

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