Immediate Release: Friday 5th October 2007

                             Clipper Ventures PLC                              

                                (the "Company")                                

Directorate Change

Clipper Ventures announces the appointment of Edward Vandyk as an additional
non-executive director of the company as from 4th October 2007.

Edward (Aged 59) is now the controlling partner in Whim Gully Capital LLP,
which is regulated by FSA and specialises in advising smaller companies. He was
previously the Chief Executive of Corporate Synergy Group plc (now Blue Oar
plc) the AIM quoted Investment Bank until March 2007. He has extensive
experience in the leisure industry as well as working with small quoted
companies and is medically qualified and practiced as a doctor for a number of
years whilst pursuing a parallel career in business, to which he has devoted
himself solely for the last 18 years.

Information regarding Mr Edward Vandyk

Full Name: Edward Vandyk

Age: 59

Current Directorships/Partnerships           Past Directorships/Partnerships  
                                                                              
Burgess Hill LLP                             Cassian Investments Plc          
                                                                              
Cawood Scientific Plc                        Corporate Synergy Group Plc      
                                                                              
Mulberry Group Plc                           Corporate Synergy PLC            
                                                                              
St. George's Fields Limited                  Corporate Synergy Holdings PLC   
                                                                              
St George's Fields 2 Limited                 Eagleswift Limited               
                                                                              
Whim Gully Capital LLP                       Inspire Fleet Solutions Plc      
                                                                              
                                             M & P Direct PLC                 
                                                                              
                                             Rowan Dartington & Co. Limited   
                                                                              
                                             The Bryanston Society Limited    

Edward Vandyk was a director of Leisure Investments plc which went into
administrative receivership in April 1990. Subsequently a number of the
subsidiaries (as set out below) of Leisure Investments plc were placed into
administrative receivership. The subsidiaries of Leisure Investments plc were
LandLeisure Limited, Lingfield Park Limited, Theme Holdings Limited, Leisure
Casinos Limited, Leisure Restaurants Limited, Leisure Catering Limited, Alfred
Walker Investments Limited, Alfred Walker Estates Limited, Bartlett Gilbert
Developments Limited, Neilson Travel Limited, Modern Mobile Homes Limited,
Alfred Walker Limited, Aspinall Health Hydros Limited, Ragdale Health Clubs
Limited, the Ritz Snooker Clubs Limited, Aspinall Curzon Limited, Albindene
Limited, Bartlett Gilbert & Co Limited, Locks Heath Development Limited, The
West Wellow Development Company Limited, Ragdale Hall Limited. In addition
Edward Vandyk resigned as a director of MDA Group plc in January 2002. MDA
Group plc went into administrative receivership in August 2002.

Save for the above, there is no further information required to be disclosed
under paragraph (g) of Schedule 2 of the AIM Rules, with respect to the
appointment of Edward Vandyk

Enquiries, please contact:

William Ward, Chief Executive, Clipper Ventures plc 02392 526000

Jeremy Knight, Finance Director, Clipper Ventures plc 02392 526000

Chris Roberts, Hansard Group 020 7245 1100

William Vandyk, Blue Oar Securities Plc 020 7448 4400



END



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