10 December, 2015

Gable Holdings Inc.

('Gable', 'the Company' or 'the Group')

Board Appointment

Gable Holdings (AIM: GAH.L), the European non-life insurance company, is pleased to announce that Kevin Alcock has today been appointed to the Board as an independent non-executive director. Kevin has also accepted the position of chairman of Gable's Audit Committee.

Kevin is a Chartered Accountant and management consultant by background with a focus on the investment management industry. He founded a specialist management consultancy servicing the investment industry across Europe which was acquired by Morse plc in 2004. Kevin continued to work at Morse plc following the acquisition, becoming chief executive in 2006 until 2009.

Since 2009, Kevin has been engaged in venture capital as a non-executive director of a number of UK and South African companies.

Regulatory disclosures:

Current Directorships and Partnerships

Directorships and Partnerships within the last five years

Coriolis Capital Limited

Ashberg Limited

ECS Limited

CPH Limtied

Knadel Limited

Investec Assurance (pty) Limited

Cadre Consulting (pty) Limited

RMI Investment Managers Group (pty) Limited

Sky Pharmaceuticals (pty) Limited

Sky Pharmaceuticals (pvt) Limited

State Street Southern Africa (pty) Limited

There are no further disclosures to be made in accordance with Schedule 2(g) of the AIM Rules.

Commenting on Kevin's appointment, Jost Pilgrim, non-executive chairman of Gable Holdings said: 'I am delighted to welcome Kevin to the board and as chairman of the Audit Committee, a role to which he brings valuable and relevant experience. Our corporate governance will only be further enhanced by his appointment. I would also like to thank Blaise on behalf of the whole board for his valuable work in this role.'

Enquiries:

Gable Holdings Inc.

+44 (0) 20 7337 7460

William Dewsall, Chief Executive

Michael Hirschfield, Group Finance Director

Zeus Capital Limited

+44 (0) 203 829 5000

Nick How, Corporate Finance

Adam Pollock, Corporate Broking

Haggie Partners LLP

+44 (0) 20 7562 4444

David Haggie

Peter Rigby

About Gable Holdings Inc

Gable is a European non-life insurance company underwriting a comprehensive range of specialist policies for the commercial sectors in the UK, Denmark, France, Germany, Italy, Norway, Spain and Sweden. Gable benefits from a low-cost online underwriting platform and the Company has continued to successfully grow its business geographically whilst simultaneously exploiting a range of niche insurance segments which exist across the EU, which is delivered through the EU passporting mechanism. Gable Holdings Inc. is quoted on the London Stock Exchange's AIM market. For further information please visit www.gableholdings.com.

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