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Directorate Change

11th Feb 2005 07:00

Warner Estate Holdings PLC11 February 2005 Warner Estate Holdings PLC WARNER ESTATE APPOINTS BOARD DIRECTOR Warner Estate Holdings PLC ("Warner Estate"), the property investment company,is pleased to announce the appointment today, Friday 11th February 2005, ofMichael Stevens to its Board as Operations Director. Michael (41) has beenAssociate Director at Warner Estate for the past two years. Paul Hodgson is promoted to Chief Asset Manager, where he will be responsiblefor The Agora and Skipper Funds which have a combined total value of £574million. Philip Warner, Chairman of Warner Estate comments, "We are delighted to welcomeMike Stevens to the Board with his wealth of property knowledge and experience.Property under management at Warner Estate has increased from £600m to £1.12bnover the last two years and these appointments recognise the changes needed forour continued growth. Mike will be responsible for managing the day-to-dayproperty operations of the Company reporting to Richard Moore, PropertyDirector, who will concentrate on the strategy of expanding the Funds and on thepartnership with Bride Hall." Warner Estate can advise that Michael Stevens is not, nor has been in the lastfive years, a director of any other publicly quoted company and there are nofurther details relating to the appointment which it is obliged to discloseunder paragraph 6.F.2 (b-g) of the Listing Rules of the UK Listing Authority. -ends- Date: 11th February 2005 For further information contact:Warner Estate Holdings PLC City ProfilePhilip Warner, Chairman Simon CourtenayRichard Moore, Property Director Tel: 020-7448-3244Peter Collins, Finance DirectorTel: 020-7907-5100 Redwood ConsultingWeb: www.warnerestate.co.uk Liz D'Oliveira Tel: 020-7224-4300 This information is provided by RNS The company news service from the London Stock Exchange

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