NEWMARKET INVESTMENTS PLC ("NEWMARKET" OR THE "COMPANY")            

                                 BOARD CHANGE                                  

The board announce that following the acquisition of the entire issued share
capital of International Racing Bureau Limited ("IRB"), Alastair Donald has
today been appointed Director of the Company.

Alastair Graham Donald, (age 57)

Mr Donald completed an MBA at Cranfield School of Business in 1982. Drawn by
his lifelong interest in horses and racing he joined IRB from the position of
marketing manager in an Imperial Chemical Industries plc subsidiary in 1985,
becoming Managing Director of IRB in 2002. During his employment with IRB he
has been involved in many of the developments in the company's history,
including the creation and launch of the Racing Post in 1985, the expansion of
international racing into Turkey, Singapore, Hong Kong and Dubai, as well as
advising the Greek Racing Authorities on the development of their new
racecourse in advance of the 2004 Olympics in Athens.

Mr Donald's role in the Group will be to continue as managing director of IRB
and to undertake business development, in particular with the enlarged Group's
international activities.

Current Directorships/Partnerships     Past Directorships/Partnerships held
held                                                                       

International Racing Bureau Limited    The World Racing Championships      
Intercontinental Horse Parks Ltd        Limited                             
                                          
Save as disclosed above, there are no further details required to be disclosed
pursuant to the AIM Rules for Companies.


For further information please contact:-

Newmarket Investments plc
Tony Gadsby Peet
Chief Executive
Tel: 020 7486 8985

Nominated Adviser
City Financial Associates Limited
Liam Murray
Tel: 020 7492 4777

Broker
Ellis Stockbrokers Limited
Neil Badger
Tel: 01293 517 744