Change in the Board of Directors of Myriad Group AG

ZURICH, Switzerland – 18 October 2011 – Myriad Group AG (SIX Swiss Exchange: MYRN), a global leader in mobile technology having shipped over 3.8 billion software applications on more than 2.2 billion phones, announced that Michel Paulin has resigned from the Board of Directors in order to pursue other business commitments which prevent him remaining on the Board of Myriad.

Loek van den Boog, Chairman of the Board of Directors commented: “I would like to thank Michel, on behalf of everyone at Myriad, for his commitment, energy, and his overall contribution. Michel's expertise has been an asset to the company and has been of tremendous value over the years. We wish him the very best in his future endeavours”.

The company will be seeking a replacement, and will make further announcements on this in due course.

About Myriad

Myriad Group AG is a global leader in mobile technology and has shipped over 3.8 billion software applications in more than 2.2 billion mobile phones. By bringing together market-leading technologies to create unique solutions, Myriad offers both operators and handset manufacturers a compelling portfolio of mobile software and services: social networking, Android, Java, browsing, messaging and middleware for all types of mobile phones, from ultra-low cost handsets to advanced smartphones. Myriad also deploys USSD-based customer self-care platforms that deliver over 10 billion messages a year to 220 million mobile users worldwide.

Myriad operates worldwide with offices in Switzerland, France, UK, USA, Mexico, China, South Korea, Taiwan, Japan and Australia. Headquartered in Zurich Switzerland, Myriad is listed on the SIX Swiss Exchange (SIX Symbol: MYRN).

With its deep expertise and broad portfolio, Myriad enables its customers to create and deliver amazing experiences on mass-market mobile phones.

For more information you can follow us on twitter@MyriadGroup and view our YouTube Channel.

Contacts
James Bodha - Chief Financial Officer/ Richard Hornby - Investor Relations
+41 44 823 8900
investor_relations@myriadgroup.com