Directorate Changes

Millfield Group PLC
09 November 2004

Date:                            9th November 2004
On behalf of:                 Millfield Group plc ("Millfield")
                                    For immediate release




Millfield Group plc
BOARD CHANGES

Millfield announces that Keith Carby and Michael Burne have ceased to be
directors of the Company.

Following this announcement, the Millfield Board comprises four non-executive
and two executive directors:

Non-executive Chairman              Richard Mansell-Jones
Chief Executive                     Paul Tebbutt
Finance Director                    Harry Roome
Non-executive director              David Stockdale
Non-executive director              Tom Morton
Non-executive director              Mike Walmsley

The role of Group Sales Director, previously performed by Keith Carby, will now
be assumed by Bryan Beeston.  Bryan was previously Business Development Director
in Millfield and has an excellent track record in Financial Services
Distribution.

Bryan and Mike Duncan, who has assumed the role of Operations Director in place
of Michael Burne, are both members of the Group Executive Board.


- Ends -


Enquiries to:

Emma Kane                              Tel:  [phone]
Redleaf Communications


About Millfield

•    Millfield Group plc was floated on the Alternative Investment Market of the 
     London Stock Exchange in March 2001;

•    Millfield is the largest national independent financial advisory group, 
     offering truly independent advice, primarily in the pensions, life 
     insurance, investment and mortgage sectors, as well as long-term care
     provision, personal wealth management and the corporate financial planning
     arena.  Millfield also has specialist divisions dealing with offshore
     investment, insurance and employee benefits.



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