6th Jul 2007 14:16
Appointment of New Senior Independent Director
With immediate effect, Professor Michael Hughes has succeeded Professor Michael Brady as the nominated Senior Independent Director of Oxford Instruments plc in accordance with Provision A.3.3 of the Combined Code on Corporate Governance ("the Code"). The appointment reflects the fact that Mike Brady, having served as a Director of the Company for more than nine years, in accordance with Provision A.3.1 of the Code is now considered to be non-independent. Mike Brady will continue to serve on the Board as Deputy Chairman.
Mike Hughes was appointed as a Non-Executive Director of the Company in November 2004 and is a member of the Company's Audit and Remuneration Committees. He is also Chairman of EA Technology Limited, a Non-Executive Director of South Staffordshire Group plc and Non-Executive Chairman of Cyan Holdings plc.
Susan Johnson-BrettCompany SecretaryOxford Instruments plcTEL: 01865 3933426th July 2007
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Oxford Instruments