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Directorate Change

17th Jun 2005 06:00

17 June 2005LIBERTY INTERNATIONAL PLCAPPOINTMENT OF NEW CHAIRMANLiberty International PLC ("Liberty International") today announces theappointment of Sir Robert Finch as Chairman with effect from 1 July 2005.Sir Robert Finch is the immediate past Lord Mayor of London, the most seniorLondon partner and former head of the property department at leading City lawfirm, Linklaters. He was appointed to the Liberty International Board as anon-executive Director on 7 February 2005.On taking up the chairmanship, Sir Robert will be retiring from his partnershipat Linklaters and will be based at Liberty International's Head Office at 40Broadway, London SW1.Sir Donald Gordon, Chairman, commented: "We are delighted to announce that SirRobert Finch has been appointed as Chairman. Sir Robert brings vast expertiseand broad understanding of the property industry, its participants and thewider City of London. We look forward to Liberty International continuing itsoutstanding long term track record of growth under Sir Robert's chairmanship asit pursues its strategic objectives through its market-leading UK regional shopping centre business, Capital Shopping Centres,and its other retail and commercial property activities in the UK and USA through Capital & Counties".Sir Donald is retiring as Chairman at the end of June 2005 but will becontinuing his association with the company, in which his family has asubstantial 22 per cent shareholding, as an adviser to the Board and in thecapacity of President for Life.Additional biographical details on Sir Robert are attached to thisannouncement.Susan FolgerCompany SecretaryOn behalf of the Board of Liberty International PLCPublic Relations UK: Michael Sandler Hudson Sandler +44 (0)20 7796 4133 SA: Matthew Gregorowski (UK) College Hill Associates +44 (0)20 7457 2020 Nicholas Williams (SA) College Hill Associates +27 (0)11 447 3030 FURTHER INFORMATIONBIOGRAPHICAL DETAILS OF SIR ROBERT FINCHSir Robert Finch (60) qualified as a solicitor in 1969 when he joinedLinklaters and was elected a partner in 1974. He was head of Real Estate from1997 until he stepped down from this position in 1999 to assume a civic careerin the City of London. He was elected Alderman of the City of London in 1992,Sheriff in 1999 and served as Lord Mayor of London in 2003/4. Amongst otherpositions, he was appointed a Church Commissioner in 2000. He was appointedKnight Bachelor in the New Year's Honours List 2004/5 for services to the Cityof London. He will be retiring from his partnership at Linklaters to take uphis appointment at Liberty International.This announcement includes statements that are forward-looking in nature.Forward-looking statements involve known and unknown risks, uncertainties andother factors which may cause the actual results, performance or achievementsof Liberty International PLC to be materially different from any futureresults, performance or achievements expressed or implied by suchforward-looking statements. Any information contained in this announcement onthe price at which shares or other securities in Liberty International PLC havebeen bought or sold in the past, or on the yield on such shares or othersecurities, should not be relied upon as a guide to future performance.ENDLiberty International plc

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