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Candover Investments plc

14th Dec 2005 18:00

For release on Wednesday 14th December, 2005Candover Investments plc - Board changesCandover Investments plc announces that, in line with the statement made at thetime of the preliminary results in March 2005, Stephen Curran will be steppingdown as Chairman of the board and Doug Fairservice will retire from the board,immediately following the company's Annual General Meeting in May 2006.Stephen Curran will remain on the board of Candover as a non-executivedirector. Gerry Grimstone, currently non-executive deputy Chairman and SeniorIndependent Director, will become non-executive Chairman.Gerry Grimstone, Chairman-elect, commented:"The board and staff of Candover would like to thank Stephen and Doug for theiroutstanding contribution to Candover over the last 25 and 22 yearsrespectively. Candover has become a leading European private equity playerunder their leadership, consistently delivering high returns for its investorsand shareholders. I am delighted that Stephen will be remaining on the board,and I would like to wish Doug a long and happy retirement."Ends.For further information, please contact:Stephen Curran, Chairman, Candover Investments plc +44 207 489 9848Julie Foster, Tulchan Communications +44 207 353 4200ENDCANDOVER INVESTMENTS PLC

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