MDX Meldex

23 October 2014

                                 Medisico plc

                         ("Medisico" or "the Company")

                     Appointment of Non-executive Chairman

The directors are pleased to announce that Alistair Stewart has been appointed
as a non-executive director to hold office with effect from 20 October 2014. He
will also take over as the new Chairman of the board of directors. His
appointment has been approved by way of a written resolution of directors.

Alistair has extensive commercial experience at the forefront of a wide range
of markets. He has acted as a consultant for a number of companies in the
telecommunications, media and technology sectors. He has also provided branding
and marketing consulting services to FTSE 100 companies and worked with private
equity backed businesses to provide an outsourcing service of the strategic,
marketing and M&A functions. He currently serves on the board for a number of
companies in both the UK and Ireland. He is also a trustee for Basic Needs, an
international mental health charity.

Previously, Alistair lectured MBA students at Manchester Business School on
strategy and branding for nearly a decade. He also founded the Information
Technology Company (ITP), a magazine publishing and event management company,
now based in Dubai that has become the largest company of its type in the
region. In addition, Alistair has worked in advertising across the world,
including in Europe, North America, Caribbean, Middle East and South East Asia.

Alistair will be initially involved in developing the strategy for the next
stage of Medisico's businesses. He will also be involved with the preparation
for the launch of a number of subsidiaries of the Medisico Group, and
maintaining the core activities of the group.

The directors of Medisico accept responsibility for this announcement.

Disclaimer

This Document includes "forward-looking statements." All statements other than
statements of historical fact within this Document, including statements
regarding Medisico plc, plans, objectives and expectations, are all
forward-looking statements. Although Medisico plc believes that the
expectations reflected in such forward-looking statements are reasonable at
this time, it can give no assurance that such expectations will prove to have
been correct. There will always be factors beyond the Company's control that
may cause actual results to differ materially from expectations. As such
subsequent written and oral forward-looking statements attributable to Medisico
plc or persons acting on its behalf are expressly qualified in this regard.