Derwent appoints new non-executive director

Derwent London plc ("Derwent"/"Company")

Derwent appoints new non-executive director

Derwent London is pleased to announce the appointment of Simon Fraser who will join the Board as an independent non-executive director on 1 September 2012. 

From 1997 until his retirement at the end of 2011, Simon worked at Bank of America Merrill Lynch where he had been Managing Director and Co-Head of Corporate Broking since 2004.

There are no further details required to be disclosed under LR 9.6.13 of the FSA Handbook.

Robbie Rayne (Chairman) commented:

"We are delighted that Simon has decided to join us. He has extensive knowledge of the financial services industry which, together with his experience gained from a wide range of clients including number in the real estate sector, will enable him to make a valuable contribution to the Board."

T J Kite 22 August 2012

Company Secretary

020 7659 3000

www.derwentlondon.com