Senior Executive Appointment

Evolution Group PLC 12 April 2006 EVOLUTION APPOINTS CEO OF INVESTMENT BANKING DIVISION Evolution Group Plc ("Evolution") is pleased to announce the appointment of Andrew Umbers as Chief Executive Officer of Evolution Securities Limited. In his new role he will report to Alex Snow, Evolution's Group Chief Executive Officer. Aged 41, Andrew Umbers has spent 20 years working in UK equity markets, principally with Credit Suisse since its acquisition of BZW, which he joined in 1990. He was appointed a Managing Director of Credit Suisse Equities in 2000, and in 2005 he joined Credit Suisse's global hedge fund, Modal Capital. Alex Snow said, "I have worked with Andrew at Credit Suisse and BZW and believe that his knowledge, expertise and investment banking experience will be immensely valuable in driving Evolution Securities' performance to new levels during its next stage of development." Andrew Umbers said, "Taking Evolution Securities on to the next stage of its growth as one of the UK's leading independent investment banks is going to be both exciting and challenging, and it is this challenge that has attracted me to join the Evolution team." Martin Gray, Evolution Group's non-executive Chairman said, "I am delighted that Andrew is joining Evolution Securities in this very important senior executive role. He brings significant expertise and proven management experience. This appointment further strengthens the Group's senior management team." ENDS Enquiries: The Evolution Group Plc 020 7071 4300 Alex Snow, Chief Executive Graeme Dell, Finance Director Bell Pottinger Corporate & Financial 020 7861 3232 Charles Cook Sarah Landgrebe Notes to Editors: The Evolution Group Plc The Evolution Group is the holding company of Evolution Securities Limited, Christows Limited and Evolution Securities China Limited. Founded in April 2001 and originally listed on the AIM, the Evolution Group joined the Official List in 2003 and now has a market capitalisation of over £399 million. Evolution Securities Limited aims to be the leading investment bank advising small and mid-cap UK public companies. It has approximately 100 retained corporate clients, to whom it provides equity research, institutional sales and trading, market making and corporate finance advice. Evolution Securities Limited is authorised and regulated by the Financial Services Authority. In addition, it operates a US broker-dealer, Evolution Securities (US) Inc., which is registered with the National Association of Securities Dealers and regulated by the Securities Exchange Commission through which it brings US institutional investors access to its UK based corporate clients. This information is provided by RNS The company news service from the London Stock Exchange
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