Director Change

Assura Group Limited
07 March 2008

                Assura Group Limited ('Assura' or the 'Company')

                                Director Change
                                      and
    Proposed Changes to the Investment Policy and Memorandum of Association





Director Change


Assura Group Limited announces that Dr Mark Jackson, its Non-executive Chairman,
has decided to step down from its Board and as Non-executive Chairman with
immediate effect.

The Board recognises that Dr Jackson has increasing commitments as Chief
Executive of Helphire Group PLC and would like to record their thanks for his
hard work and commitment to Assura since its flotation in 2003.

Assura announces that, with immediate effect, Dr John Curran, presently the
Board's senior independent Director and a Non-executive member of the Board will
assume the role as Interim Chairman of the Board.

The Company is already advanced in the process of recruitment of a new
Non-executive Chairman and an announcement in relation to this is likely to be
made, once all necessary formalities are dealt with, in the near future.



Proposed Changes to the Investment Policy and Memorandum of Association

Assura proposes to make certain changes to the Company's investment policy and
its memorandum of association in order to align them with the Group's
activities, which have evolved significantly since the Company was established
as a closed-ended investment company in 2003.  The Directors also propose to
make an application to the UK Listing Authority for the reclassification of the
Company from being a property investment company to being a trading company.
Assura will remain listed on the Main Market of the London Stock Exchange.

The Company will, today, post a circular to shareholders providing details of
these proposals and convening an extraordinary general meeting which will be
held at 9.00 a.m. on 3 April 2008 at which the approval of shareholders for
these changes will be sought.

In view of these proposals the Board is currently actively considering the
potential advantages and disadvantages of moving the location of the Company's
central management and control from Guernsey to the UK which would result in the
Company becoming resident in the UK for UK tax purposes. No decision on this
will be taken before 1 April 2008 and an announcement will be made if the Board
does decide to make any change.


                                      Ends



Notes to Editors:

Dr Jackson was appointed non-executive chairman of Assura Group Limited in
November 2003.

Dr John Curran joined the Board of Assura Group Limited in November 2003 and has
been throughout his tenure on the Board the non-executive deputy chairman and
senior independent director.



Enquiries:

Richard Burrell/Louise Bathersby: Assura Group                   020 7107 3800
David Yates / Ben Atwell: Financial Dynamics                     020 7831 3113




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