TOUMAZ HOLDINGS
AIM Code: TMZ.L

Last trade (p): 6.61

Time: 13:50pm

Date: 7th Sep 2010

Change: +0.235

Open: 6.375

Days range: 6.45 - 6.613

Volume: 17827

Change of Director

Immediate Release: Monday 16 February 2009

                            Toumaz Holdings Limited                            

                      (`Toumaz Holdings' or the `Group')                      

                              Change of Director                              

The Group announces the resignation of its chairman, Richard Rose, with
immediate effect. The Board would like to thank Richard for his role in the
development of the Group.

Professor Chris Toumazou, a non-executive director of Toumaz Holdings, will
assume the role of interim chairman. Professor Toumazou has been instrumental
to the design and development of the technologies owned by two of the Group's
investment companies: Toumaz Technology Limited (`Toumaz Technology') and
Future Waves Pte Limited (`Future Waves'). He currently is chairman and chief
technology officer of Toumaz Technology and chairman of Future Waves, in
addition to being director and chief scientist at the Institute of Biomedical
Engineering at Imperial College, London.

Sir Richard Sykes, non-executive director, is expected, as previously
announced, to assume the role of executive chairman in the near future.

                                    -Ends-                                    

Further information:

Guy Spelman Toumaz Holding Limited 07767 338 967

Rose Herbert/Charles Cunningham FinnCap 020 7600 1658

Vikki Krause Hansard Group 020 7245 1100



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