Appointment Of Finance Director

Braemar Shipping Services plc (“Braemar” or “the Company”) is pleased to announce the appointment of Martin Beer as Finance Director, with effect from 15th October 2012. James Kidwell, CEO, will hand over his responsibilities as Finance Director on that date.

Martin, age 50, previously spent 21 years at Uniq Plc (formerly Unigate plc), where he was Finance Director from 2002. He qualified as an accountant while with PriceWaterhouseCoopers.

James Kidwell, Braemar’s CEO says: “I am delighted that Martin has accepted this appointment and I look forward to working with him in the years ahead.”

The Company confirms that there are no further details to disclose under paragraph 9.6.13 of the Listing Rules in relation to Martin Beer.