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Woodford Patient Capital Trust plc

Woodford Patient Capital Trust plc Board Changes

The Board of Woodford Patient Capital Trust plc (LON: WPCT) announced today the appointment of Jane Tufnell as an independent non-executive director with immediate effect. Jane will also become a member of the Audit, Risk and Valuation and Management Engagement Committees.

Jane joins the Board with extensive investment trust and fund management experience, including a number of board and non-executive roles. Jane has spent the majority of her career at Ruffer Investment Management, which she co-founded in 1994. She is currently Chair of Odyssean Investment Trust PLC, Senior Independent Director of Record PLC and a non-executive director of ICG Enterprise Trust PLC, The Diverse Income Trust plc and JPMorgan Claverhouse Investment Trust PLC.

The Board also announces that Steven Harris has stated his intention to step down as a non-executive director on 30 September 2019.

Susan Searle, Chair of Woodford Patient Capital Trust plc , said:

“I am pleased to welcome Jane to the Board of WPCT. I believe that her fund management expertise and familiarity with investment trusts will bring valuable experience to the Board and I look forward to working with her during this important period for WPCT. I would also like to thank Steven for his contribution to WPCT over the past 4 years.”

Jane Tufnell currently serves on the Boards of the following publicly quoted companies:

· Odyssean Investment Trust PLC, Chairman

· JP Morgan Claverhouse Investment Trust PLC, Non-Executive Director (stepping down in March 2020)

· ICG Enterprise Trust PLC, Non-Executive Director

· Record plc, Senior Independent Director and Chair of Nomination Committee

· The Diverse Income Trust plc, Senior Independent Director (Jane is stepping down in October 2019)

Jane Tufnell also previously served as a Non-Executive Director for the TR European Growth Trust PLC and was the Chair of GVQ Investment Management Limited.

Jane holds 130,000 shares in WPCT.