INTOSOL HOLDINGS PLC. Corporate Update

The appointment of Terrance A. Larkan as Chairperson of the Audit Committee. Mr. Larkan was former head of Corporate Governance Barrick Gold (Forbes 2000 list) and brings a wealth of regulated public company expertise. Mr Larkan is a Director of CIC Capital Ltd whom is an advisor to the Company and as such Mr. Larkan is a related party and will abstain from any matters relating to CIC Capital Ltd.;The Company has implemented a detailed Corporate Governance Manual and will available on...

1. The appointment of Terrance A. Larkan as Chairperson of the Audit Committee. Mr. Larkan was former head of Corporate Governance Barrick Gold (Forbes 2000 list) and brings a wealth of regulated public company expertise. Mr Larkan is a Director of CIC Capital Ltd whom is an advisor to the Company and as such Mr. Larkan is a related party and will abstain from any matters relating to CIC Capital Ltd.;
2. The Company has implemented a detailed Corporate Governance Manual and will available on the Company's website;
3. The appointment of Hans Bischoff as Independent Non-Executive Chairman. During his long career, Hans-Joachim Bischoff held various positions as a managing director and board member in companies with a national and international focus. With his profound knowledge in the areas of marketing, investor relations and public relations, he successfully supported several IPOs and M&A transactions of listed companies;
4. The appointment of Mr.  Rainer Spekowius as Chief Executive Officer and Executive Director;
5. The appointment of MSP Secretarial & Corporate Services to provide a wider range of services due to the increased business activity and growth of the Company; and
6. The Company is progressing the final form of new Prospectus to allow issue of new common shares to enable:
   • the appointment of market maker with subscription for common shares to increase share distribution;
   • the settlement of debt for shares;
   • new Subscriptions to raise capital to progress the acquisition of Oceans Property; and
   • new Subscriptions to raise capital to increase sales and revenue volume

The Company will in the near future appoint an Independent Non-Executive Director to increase the number of Independent directors to 4 with one non-independent (4:1).

For further information on INTOSOL visit the Company's website www.INTOSOLholdingsplc.com or contact:

Rainer Spekowius (CEO)

INTOSOL Holdings Plc

Tel: +49 (0) 171 911 31 05

INTOSOL Holdings Plc.
INTOSOL Holdings PLC is an international luxury travel company that combines highly personalised travel design with property ownership and management to provide high-end luxury global travel experiences.

The Private Travel Design division tailors bespoke and unique experiences to a high-end client base which currently stands at over 15,000. The division has a unique and growing network of over 3,500 hotel and agency partners worldwide.