Directorate Change

For immediate release

                                                              8th October, 2004

                 Azure Holdings PLC ('Azure' or 'the Company')                 

                              Directorate change                               

The Company announces the resignation of Gerald Gold as a director and the
appointment of Ronald Edward Stirling, aged 64, as a non-executive director
with effect from 7th October, 2004.

Mr Stirling currently holds 500,000 Ordinary Shares, representing 1.5 per cent.
of the issued share capital of the Company, and is currently a director of the
following companies:

The Niche Group PLC

American Collections (Europe) Limited

Fastnet Investments Limited

In the past five years, Mr Stirling has also been a director of the following
companies:

Abbcott Properties Limited

Devere Publishing Group Limited

Hay and Robertson Plc

Mr Stirling was appointed a director of Hay and Robertson plc in October 2003,
to assist in a financial rescue for that company. The rescue could not be
implemented and a liquidator was appointed on 12th February, 2004.

Mr Stirling has confirmed that there is no further information required to be
disclosed under paragraph 15 of the AIM Rules.

For further enquiries:

Azure Holdings Plc 020 7723 8833

Nicolas Greenstone (Executive Chairman)