Poundland : Appointment of Independent Non-Executive Director

POUNDLAND GROUP plc

12th March, 2015

Appointment of new Independent Non-Executive Director

Poundland Group plc (the "Company"), Europe's biggest single price discount retailer, today announces the appointment of Mary Barnard as an Independent Non-Executive Director with immediate effect.

Mary is currently Area President, Northern Europe at Mondelez International Inc, the multinational confectionery, food and beverage conglomerate where she is responsible for the commercial leadership of the UK, Ireland and Nordic markets.Prior to that she was Senior Vice President and General Manager for the Pepsi-Lipton Partnership responsible for all core business operations, including sales, marketing and R&D.

Darren Shapland, Chairman of Poundland, said:

"Mary brings a wealth of commercial retail experience and she will be a great asset to our Board.  Her knowledge of the retail market and customer insight will bring valuable experience to the strategic development of Poundland as we continue to grow the business in the UK and abroad."

This announcement is given in accordance with LR 9.6.11 and LR 9.6.13.

For further information please contact:

Citigate Dewe Rogerson

Simon Rigby

Angharad Couch

+44 (0) 20 7638 9571

About Poundland

Poundland plc joined the premium segment of the London Stock Market in March 2014.

Poundland is Europe's largest single price value general merchandise retailer and winner of the 2014 Grocer Awards for Variety Discount Retailer of the Year. Poundland currently trades from 579 stores in the UK, the Republic of Ireland and Spain. In the Republic of Ireland and Spain, Poundland trades under the Dealz brand.  Poundland sells quality top brands and own brand products all for the single price point of £1, providing customers with amazing value every day.

Serving an average of 5 million customers every week Poundland offers an irresistible shopping experience where shoppers are guaranteed to find approximately 3,000 quality products per store and over 1,000 well-known brands, across 17 shopping categories including food and drink, health and beauty, household, gardening, DIY, Pet, Stationery, Books, DVDs and Toys. Last year, Poundland launched its first ever celebrity-endorsed range, Jane Asher's Kitchen, which has been a great success and, in April 2015, Poundland plans to launch Tommy Walsh's DIY range. This includes around 200 products, which have been over a year in development.

For more information about Poundland, please visit:

www.poundland.co.uk