SAPO plc

Board update

SAPO Plc (NEX: SAPO), a rural broadband investment vehicle, announces the sad and sudden passing of its lovely Executive Chairman Michael Meyer.  We would like to take this opportunity to extend our sincerest condolences to Michael's family.

Michael Langoulant, the Non-Executive Director, said "We are all deeply saddened by the news of Michaels's sudden death and our sympathies and thoughts are with his family at this very difficult time.  It is a huge understatement to say he will be deeply missed by all of those who knew him."

At this time Michael Langoulant is the sole director of SAPO and therefore steps are being put in place to appoint a further board member as soon as possible.

The Directors of SAPO plc accept responsibility for this announcement.

For further information please contact:

NEX Exchange Corporate Adviser  

Alfred Henry Corporate Finance Limited

Jon Isaacs

jisaacs@alfredhenry.com 

www.alfredhenry.com 

Tel: +44 (0) 203 772 0021

Financial Advisor

Guild Financial Advisory Limited

Ross Andrews

Ross.Andrews@guildfin.co.uk
Max Raynor

Max.Raynor@guildfin.co.uk 

www.guildfin.co.uk

Tel: +44 (0) 7894008100

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