Williams Grand Prix Holdings AGM

RESULTS OF WILLIAMS GRAND PRIX HOLDINGS PLC'S ANNUAL GENERAL MEETING

30 May 2012. Grove, UK. Williams Grand Prix Holdings PLC ('Company', Ticker: WGF1) announces the results of its Annual General Meeting conducted today.

Shareholders re-elected the following persons to the Group's Board of Directors, who had retired by rotation and, being eligible, offered themselves for re-appointment:

1. Nick Rose, Non-Executive Chairman
2. Eddie Charlton, Non-Executive Director
3. Mike O'Driscoll, Non-Executive Director
4. Claire Williams, Director of Marketing and Communications
5. Louise Evans, Finance Director

Shareholders also passed resolutions to:

1. Receive the Company's annual accounts for the financial year ended 31 December 2011 together with the directors' report and the auditor's report on those accounts.
2. Increase the maximum remuneration payable in aggregate to the directors (other than alternate directors or any director who for the time being holds an executive office or employment with the Company or any member of the Company's group) from £160,000 per annum (as specified in Article 28.3 of the Company's articles of association) to £250,000 per annum.
3. Re-appoint Grant Thornton UK LLP as the Company's auditor, and to authorise the directors to fix the auditor's remuneration.

Voting in respect of each of the resolutions was taken on a show of hands. Prior to the meeting, valid proxies were received in respect of 584,853 shares, all of which directed the Chairman to vote in favour of each of the resolutions.

-Ends-

WILLIAMS GRAND PRIX HOLDINGS PLC
Williams Grand Prix Holdings PLC is the holding company of the Williams group of companies ('Group') which includes Williams Grand Prix Engineering Limited and Williams Hybrid Power Limited. The Group has established the Williams Technology Centre in Qatar which is a branch of Williams Grand Prix Engineering Limited.

The Group employs approximately 500 personnel throughout its business. Its revenues are currently derived almost exclusively from its Formula One business, including commercial sponsorships and the team's share of the Formula One commercial rights income. The Group's aim is to be a Championship-winning Formula One team and a world-class technology business generating steady returns for shareholders through the economic cycle.

Williams Grand Prix Engineering Limited
Formed in 1977 by Frank Williams and Patrick Head, Williams Grand Prix Engineering Limited's core competencies are the design and manufacture of Formula One race cars, and the deployment of this expertise in running the team's entries in each season's Grands Prix.

As one of the world's leading Formula One teams, the company has secured 16 FIA Formula One World Championship titles in the past thirty years. Nine of these titles have been won in the Constructors' Championship in association with Cosworth, Honda and Renault. The remaining seven titles are Drivers' Championships, won with Alan Jones, Keke Rosberg, Nelson Piquet, Nigel Mansell, Alain Prost, Damon Hill and Jacques Villeneuve.

Williams F1 is one of the most vertically-integrated of Formula One teams with first-class design and manufacturing facilities on its 33 hectare site in Oxfordshire, England. Williams Grand Prix Engineering Limited aims to develop substantial revenues from exploiting its brand, intellectual property and rapid development skills in projects outside Formula One.

Williams Hybrid Power Limited
Williams Hybrid Power Limited is a company specialising in magnetically-loaded composite flywheels which are used as an energy storage device in small and medium sized applications such as automobiles, buses, trams and light rail.

Williams Technology Centre
The Williams Technology Centre in Qatar is developing large magnetically loaded composite flywheels (for use in trains or static applications such as grid stabilisation) and commercial applications of the Group's motorsport simulation technology.