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Directorate Change

1st Mar 2006 07:02

Paddy Power plc01 March 2006 Paddy Power plc Appoints Finance Director Paddy Power plc today (1 March 2006) announces the appointment of Jack Massey asits new Finance Director. Mr Massey (37) joins Paddy Power from ITG Europe, theEuropean division of the NYSE quoted Investment Technology Group Inc., where hehas been Chief Operating Officer since 2002. He will join Paddy Power in Apriland be co-opted to the Board on his arrival. A Fellow of the Institute of Chartered Accountants in Ireland, Jack Massey waseducated at University College Dublin (B.Comm, D.P.A.). He has worked withArthur Andersen as Manager - Audit and Business Advisory Division and withUlster Bank Markets as Head of Financial and Management Reporting. He joinedITG Europe in 1998 as Finance Director. Commenting on the appointment, Paddy Power Chief Executive, Patrick Kennedysaid: "We are delighted to have secured Jack as our new Finance Director,particularly given his very relevant experience encompassing finance,technology, strategy and business leadership and the investment markets. Healso has qualities and interests on which we place particular emphasis in PaddyPower including great people skills and a love of all things sporting." Ends 1 March 2006 Issued on behalf of Paddy Power by Drury Communications Ltd For reference, contact: Patrick KennedyPaddy Power plcTel: +353 1 404 5912 Oonagh Daly Trevor PhillipsDrury Communications Holborn PRTel: +353 1 260 5000 Tel: +44 207 929 55 99 This information is provided by RNS The company news service from the London Stock Exchange

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