Abstract: An apparatus for changing flexible printing plates on a plate cylinder of printing machines having a simple, compact and space-saving construction is provided. The apparatus includes two magazines arranged beside each other, to hold the printing plates to be inserted and removed. A transporting arrangement pivotably mounted on a shaft is beside the magazines. A holding arrangement which is on the transporting means is used both to grip and guide a printing plate to be inserted and to grip and guide a printing plate to be removed. The magazines and the transporting arrangement are mounted in a frame that can be pivoted towards and away from the plate cylinder. The invention further relates to a method of changing flexible printing plates on a plate cylinder of a printing machine.