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Resignation of Director

24th May 2006 07:01

St. Modwen Properties PLC24 May 2006 St. Modwen Properties PLC Resignation of Director St. Modwen Properties PLC ("St Modwen") is a regeneration specialist. It hasfour particular areas of specialism: town centre regeneration; partneringindustry in its restructuring; brownfield land renewal; and restoring heritage St Modwen Properties PLC announces that Richard Froggatt has resigned as aDirector of the Company, to pursue other business interests. He will leave theCompany on completion of certain work on which he is currently engaged, probablyin two to three months' time. Bill Oliver, Chief Executive, said: "Richard worked with the Company in the 1980's as development director, andrejoined in 1995, with specific responsibility for sourcing acquisitions for thehopper. He has made a significant contribution to the Company's growth and wewish him well in the future". 24 May 2006 ENQUIRIES: College Hill Tel: 020 7457 2020Gareth DavidMatthew Gregorowski This information is provided by RNS The company news service from the London Stock Exchange

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