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Appointment of CEO

29th November 2018

The Board of Empiric Student Property plc (ticker: ESP) (the "Board"), the owner and operator of premium student accommodation across the UK, is pleased to announce the appointment of Tim Attlee as the Company's Chief Executive Officer, effective immediately.

Tim joined the Board at the Company's IPO in June 2014 as co-founder and Chief Investment Officer of the Company. Tim was appointed as Acting Chief Executive Officer in addition to his role as Chief Investment Officer on 12 December 2017.

Mark Pain, Non-Executive Chairman, commented:

"I am delighted that Tim has agreed to lead Empiric as Chief Executive Officer on the next stage of the Group's journey.

His experience and deep knowledge of the Company and our sector has helped us deliver a more effective operating platform and a more robust and profitable business.

Whilst much has been accomplished, there remains more to be done as we continue to transform the business and drive increased long term shareholder value."

No further information is required to be disclosed pursuant to Listing Rule 9.6.13R.

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The Empiric plc management team has a long track record in the acquisition, development and management of student accommodation assets in the UK.

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