Playgolf (Holdings) PLC
30 April 2007


                            Playgolf (Holdings) plc

                         ('Playgolf' or 'the Company')


                      Issue of Equity/Directorate Changes



Directorate Changes


Playgolf (Holdings) plc, creators and developers of public sports projects, is
pleased to announce that Michael Mealey, non executive Director, has been
appointed as executive Chairman with immediate effect. William Frewen, non
executive Chairman will remain as a non executive Director post Michael Mealey's
appointment as executive Chairman.


Hugh Fox, Finance Director, has resigned to pursue other interests. Peter
McEvoy, Director, has resigned to concentrate on developing PowerPlay Golf
Limited in which Playgolf will have an initial 25% shareholding. He will be
retained as a consultant to Playgolf and continue to provide his current
professional services.


Mr James Wallace (aged 34) currently undertaking the role of General Manager of
Northwick Park will be appointed to the Board as Commercial Director. This
appointment will become effective following completion of background checks
pursuant to the AIM rules.


Mr Neil McGuinness will be appointed to the role of Finance Director which will
become effective following completion of background checks pursuant to the AIM
rules. Mr McGuinness is currently employed as Finance Director of Kilmartin
Holdings Limited.



Mr Mealey, incoming Chairman, commented:


'I am delighted to have been appointed as Chairman and feel that the Company is
now at an exciting time in its development. Activity at Northwick Park continues
to increase and with Kilmartin as our joint venture partners at East Kilbride
the future for the business looks very positive. Negotiations for additional
sites are underway. The Board wishes to thank Hugh and Peter for their
contributions to the development of the Company and wish them every success for
the future.


Announcement re Results


Playgolf (Holdings) plc are currently finalising their results for the year
ended 31 December 2006, which are expected to be announced on 29 June 2007.


Placing



The Company is also pleased to announce that it has placed 8,111,108 shares of
0.2p each ('Ordinary shares') at 9p, raising approximately £730,000, with
certain Directors of the Company and Kilmartin Holdings Limited ('Kilmartin'), a
property developer who are currently undertaking a joint venture with Playgolf
in its development of their site in East Kilbride, as announced on 16 January
2007. The proceeds of the Placing will be utilised for the continuing
development of Playgolf sites. These shares, which will rank pari passu with the
existing ordinary shares, are expected to be admitted to trading on 4 May 2007.
The Placing is conditional on admission.


Ian Wotherspoon, Chairman and Chief Executive of Kilmartin commented:


'We are delighted to have cemented our relationship with Playgolf, with whom we
are already working on their site in East Kilbride, and look forward to working
with them on future projects' in what we believe we be a strong, strategic
alliance for both companies.'


Director/PDMR Shareholding


Following his resignation, Mr Hugh Fox has sold 8,337,812 shares in the Company
at a price of 9p per share. Following this transaction, Mr Fox will be
interested in 2,458,774 shares representing 3.72 per cent. of the Company's
issued share capital following admission.


Mr Mealey has purchased 777,777 new ordinary shares in the placing at a price of
9p. His total beneficial holding is now 815,554, representing 1.2 per cent. of
the Company's increased issued share capital.


Mr David Piggins, CEO, has purchased 277,777 new ordinary shares in the placing
at a price of 9p. His total beneficial holding is now 12,247,905, representing
18.5 per cent. of the Company's increased issued share capital.


Further enquiries:



David Piggins/Mike Mealey
Playgolf (Holdings) plc                 Tel: 01926 422 320



Paul Shackleton/Tom Jenkins
Daniel Stewart & Company plc            Tel: 020 7776 6550


Notes to Editors:


Further information re Kilmartin:


Kilmartin Property Group is an Edinburgh-based property development and
investment company. It has a portfolio with an end development value of over
£1.5billion in schemes.



                      This information is provided by RNS
            The company news service from the London Stock Exchange