24th Feb 2005 14:00
Grainger Trust PLC24 February 2005 For Immediate Release 24th February 2005 GRAINGER STRENGTHENS BOARD WITH THE APPOINTMENT OF BILL TUDOR JOHN AS NON-EXECUTIVE DIRECTOR Grainger Trust plc ("Grainger"), the UK's largest quoted residential propertyinvestor with a market capitalisation of approximately £520m, today announcesthat it has further strengthened its Board with the appointment of a newindependent non-executive director with immediate effect. Bill Tudor John, 60, brings a vast amount of commercial and legal experience toGrainger's board. He is currently a Managing Director at Lehman Brothers wherehe chairs the European Commitment Committee and sits on the Investment BankingExecutive Committee. Prior to that he had been a partner at Allen & Overy LLPfor 29 years, serving as senior partner for six years. Bill's other corporateinterests include: Deputy Chairman of the Portman Building Society, DeputyChairman of the Bank of England Finance Markets Law Committee, Trustee of theNational Film and Television School Foundation and Chairman of Wales in London.He is also an associate fellow of Downing College, Cambridge University, amember of the Oxford University Development Board and is a steward of appeal atthe British Boxing Board of Control. Robert Dickinson, Chairman of Grainger, said "We are delighted to welcome Billonto Grainger's Board. He brings a high level of banking and legal expertise andhis knowledge of European markets and investments will prove invaluable. Webelieve that he will make a significant contribution to Grainger's ambitiousgrowth plans over the coming years." Bill's appointment follows the retirements of Robin Herbert and Nichola Peasewho stepped down from the board at today's Annual General Meeting. Ends. Contact: Rupert Dickinson, Grainger Trust.Tel: 020 7795 4700 Andrew Cunningham, Grainger Trust.Tel:0191 261 1819 Baron Phillips, Baron Phillips Associates.Tel: 020 7920 3161 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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