TERN PLC

Board/Management Information • Nov 13, 2018

13-Nov-2018 / 16:29 GMT/BST Dissemination of a RegulatoryAnnouncement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.

13 November 2018

Tern Plc ("Tern" or the "Company")

AIM Director Disclosure Update

Tern Plc (AIM: TERN), the investment company specialising in the Internet of Things ("IoT"), provides the following disclosure as required by rule 17 and schedule 2, paragraph (g) of the AIM Rules for Companies.

Tern's Non-Executive Chairman, Ian Ritchie, is a designated member of Creative Cookware LLP which entered into Creditors' Voluntary Liquidation on 11 September 2018.

**ENDS**

Enquiries Tern plc Al Sisto, CEO Sarah Payne, Finance Director Via Newgate Communications

Allenby Capital Limited (Nomad and Joint broker) David Worlidge/Alex Brearley Tel:0203 328 5656

Whitman Howard (Joint broker) Nick Lovering/Christopher Furness Tel: 020 7659 1234

Newgate Communications

PR Elisabeth Cowell/Fiona Norman Tel: 020 3757 6880

ISIN: GB00BFPMV798 Category Code:MSCH TIDM: TERN LEICode: 2138005F87SODHL9CQ36 Sequence No.: 6515 EQS News ID: 745325

End ofAnnouncementEQS News Service