1st Oct 2008 07:02
October 1, 2008
EUROMONEY INSTITUTIONAL INVESTOR PLC
BOARD CHANGES
Euromoney Institutional Investor PLC ("Euromoney") announces that Martin Morgan is to be appointed a non-executive director of the company with effect from today. Mr Morgan was previously chief executive officer of DMG Information, the business information division of Daily Mail and General Trust plc ("DMGT"), and also takes up his new role as Chief Executive of DMGT today.
Charles Sinclair retired from his role as a non-executive director of Euromoney with effect from September 30, 2008, coincident with his retirement from his role as Chief Executive of DMGT.
Also with effect from September 30, 2008, Peter Williams has stood down from his role as a non-executive director of Euromoney. From October 1, 2008 he will serve as an alternate director of Euromoney to Lord Rothermere. Mr Williams is Finance Director of DMGT.
The effect of these changes is to reduce the number of DMGT representatives on the Euromoney board from three to two. It is the company's intention to appoint a new independent non-executive director to the board in the coming months.
Commenting on these changes, Euromoney chairman Padraic Fallon said:
"Charles Sinclair has played a great part in the growth and development of the company, as has Peter Williams, who will continue to advise us and who will be an alternate director. We are immensely grateful to both of them. I welcome Martin Morgan to the board and look forward to working with him as we continue to develop the business. His experience of DMGT businesses like RMS, Trepp and Lewtan will be particularly helpful."
There are no additional disclosures required under Listing Rule 9.6.13 (sub section 2 to 6).
END
For further information, please contact:
Euromoney Institutional Investor PLC
Padraic Fallon, Chairman: +44 20 7779 8556; [email protected]
Colin Jones, Finance Director: +44 20 7779 8845; [email protected]
Financial Dynamics
Charles Palmer: +44 20 7269 7180; [email protected]
NOTE TO EDITORS
About Euromoney Institutional Investor PLC (www.euromoneyplc.com)
Euromoney Institutional Investor PLC is listed on the London Stock Exchange and a member of the FTSE-250 share index. It is a leading international business-to-business media group focused primarily on the international finance, metals and commodities sectors. It publishes more than 70 magazines, newsletters and journals, including Euromoney, Institutional Investor, and Metal Bulletin. It also runs an extensive portfolio of conferences, seminars and training courses and is a leading provider of electronic information and data covering international finance, metals and emerging markets. Its main offices are in London, New York and Hong Kong and more than a third of its revenues are derived from emerging markets.
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