Severfield plc Directorate Change

Severfield plc, the market-leading structural steel group, announces the appointment of Tony Osbaldiston and Kevin Whiteman to the Board as Non-executive Directors, with effect from 19 July 2014.

In addition, the Company announces that Toby Hayward will retire from the Board on 18 July 2014 having served as a Non-executive Director for six years, including three years as Non-executive Chairman and three years as Chairman of the audit committee.

Mr. Osbaldiston is a chartered accountant having qualified with PwC. He was previously Finance Director of Max Factor UK, Volvo Cars UK, Raymarine plc and FirstGroup plc, where he was also Deputy Group Chief Executive and Chief Executive of FirstGroup America.

Mr. Osbaldiston has been a Non-executive Director and Chairman of the audit committee of the BSS Group plc, and Chairman of the remuneration committee of Synstar International plc. He is currently Chairman of Encon, the insulation and building products distributor, and also Non-executive Director and Chairman of the audit and risk committee of the Serious Fraud Office.

Mr. Osbaldiston will take over as chair of the Company’s audit committee following the retirement of Mr. Hayward.

Mr. Whiteman is a chartered engineer and currently Non-executive Chairman of Kelda Group and Yorkshire Water, to which he was appointed in 2010 after eight years as Chief Executive of both companies. In 2013 Mr. Whiteman was appointed Chairman of the privately-owned NG Bailey. Prior to his current role at Kelda Group, Mr. Whiteman held positions including Chief Executive of the National Rivers Authority, Regional Director of the Environment Agency, as well as a number of senior positions within British Coal. Mr. Whiteman was previously Chairman for Wales and West Gas Networks (UK) Limited, and has been a trustee for WaterAid UK.

Mr. Whiteman will take over as the Senior Non-executive Director following the retirement of Keith Elliott as previously announced, effective from 21 July 2014.

John Dodds, Chairman of Severfield, commented:

“I am delighted to welcome Tony and Kevin to the Board. They both have strong track records and bring a wealth of experience that will be of significant benefit to the Group as it continues its strategic and operational development.

“The Board would like to thank Toby for his extensive contribution and dedication to the Company over a number of years, and we wish him well for the future.”

There is no additional information required to be disclosed pursuant to paragraph LR9.6.13R of the Listing Rules of the Financial Conduct Authority.