29 September 2017

SHEARWATER GROUP PLC

("Shearwater", the "Company" or the "Group")

Result of AGM and Operational Update

Shearwater Group plc (AIM: SWG), the digital resilience group, announces that at the Company's Annual General Meeting held on 29 September 2017, all resolutions put to the meeting were duly passed.

The Company also provided the following operational update, as it completes the six month period ending 30 September 2017:

§ Transformation plan substantively complete

§ Full transition of first two acquisitions comprising SecurEnvoy and Newable Consulting (rebranded Xcina Consulting) across to the Group

§ Trading in line with management expectations

§ Growing pipeline of M&A opportunities

David Williams, Chairman of Shearwater, commented: "We are delighted with the progress we have made as a Group since the turn of the year. With the foundations we now have in place, we look forward to the second half of the year with a great deal of confidence."

ENDS

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