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EUROMONEY INSTITUTIONAL INVESTOR PLC

ANNOUNCES THE APPOINTMENT OF ANDREW RASHBASS AS EXECUTIVE CHAIRMAN FOLLOWING THE PLANNED RETIREMENT OF RICHARD ENSOR IN SEPTEMBER 2015

APRIL 9, 2015

Euromoney Institutional Investor PLC ("Euromoney"), the international online information and events group, today announces the appointment of Andrew Rashbass, Chief Executive of Reuters, part of Thomson Reuters, as Executive Chairman to succeed Richard Ensor who retires as the company's Executive Chairman at the end of this financial year on September 30, 2015. This follows a thorough search process undertaken by a committee of the board comprising non-executive directors only.

Since July 2013, Andrew Rashbass (49) has been the UK-based Chief Executive of Reuters, the news division of Thomson Reuters, the world's leading source of intelligent information for businesses and professionals.

Before joining Reuters, he spent 15 years at The Economist Group, where for the last five years he was CEO and led its successful transformation from a traditional print business into a leading digital title. He was also Managing Director of Economist.com and publisher of The Economist Newspaper.

Richard Ensor (66) joined Euromoney in 1976 and was appointed to the board in 1983, to Managing Director in 1992 and took up the position as Executive Chairman in 2012. Under his leadership, and since the company's floatation in 1986, the business has grown rapidly into a FTSE 250 business with a market capitalisation of over £1.4 billion.

During his tenure, Mr Ensor has been instrumental in developing the business, expanding into new markets and leading the group's significant acquisition strategy. The launch of the Delphi content platform and the digital transformation of its titles are two significant recent initiatives which have helped grow digital revenues to more than half of the group's total revenues and position it well for future growth. 

The appointment of Mr Rashbass is subject to shareholder approval at a General Meeting which is expected to be held at the beginning of June.  Once the necessary shareholder approvals have been obtained, it is expected that Mr Rashbass's appointment will take effect from October 1, 2015.

Ahead of his retirement and as part of an orderly leadership transition, Mr Ensor will work closely with Mr Rashbass to ensure a smooth handover.

Commenting on today's announcement John Botts, Euromoney's senior non-executive director, said on behalf of the board:

"The board would like to thank Richard for his tireless energy and dedication to building Euromoney into the business it is today. During his 39-year tenure, Richard has made a tremendous contribution in transforming Euromoney.

"We believe Andrew is a natural choice and a good fit for us given his track record, international experience and proven ability to deliver top-quality journalism while also growing digital revenues globally.  Andrew will inherit a strong platform which is well positioned for growth and digital advancements under new leadership and his experiences will help to accelerate Euromoney's move to a digital-only format for most of the group's titles."

Richard Ensor, Chairman, added:

"It has been very exciting to help lead the business from its early days as a small print publisher to the international online information and events business it is today. I would like to thank all my colleagues, past and present, for their contribution. Euromoney has developed into a global business with market leading brands and great people.  I am confident that the company will go from strength to strength under Andrew and the rest of the team."

On his appointment, Andrew Rashbass said:

"Euromoney has established a global platform built on strong brands and a world-class digital backbone under the leadership of Richard Ensor. The company has considerable opportunities for continued growth and I am very excited to be joining the team."

There are no further details in relation to this appointment which require disclosure pursuant to paragraph 9.6.13 of the Listing Rules of the Financial Conduct Authority.

END

Further Information

Euromoney Institutional Investor PLC

Richard Ensor, Executive Chairman:                 +44 20 7779 8845; rensor@euromoneyplc.com

John Botts, Senior Non-executive Director:      +44 20 7016 1202; j.botts@bottscompany.com

Colin Jones, Finance Director:                          +44 20 7779 8666; cjones@euromoneyplc.com

FTI Consulting

Charles Palmer:                                                +44 20 3727 1400; charles.palmer@fticonsulting.com

Note to Editors

Euromoney Institutional Investor PLC (www.euromoneyplc.com) is listed on the London Stock Exchange and is a member of the FTSE 250 share index.  It is a leading international business-to-business media group focused primarily on the international finance, metals and commodities sectors.  It owns more than 70 brands including Euromoney, Institutional Investor and Metal Bulletin, and is a leading provider of economic and investment research and data under brands including BCA Research, Ned Davis Research, and the emerging market information providers, EMIS and CEIC.  It also runs an extensive portfolio of conferences, seminars and training courses for the financial and commodities markets.  The group's main offices are in London, New York, Montreal and Hong Kong and more than a third of its revenues are derived from emerging markets.