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Responsibilities of Directors

8th Jun 2007 14:30

McInerney Holdings PLC08 June 2007 Friday, 8th June 2007 NEW RESPONSIBILTIES OF EXECUTIVE DIRECTORS AT MCINERNEY HOLDINGS PLC McInerney Holdings plc is pleased to announce changes to the responsibilities of three ExecutiveDirectors. The changes are being implemented to reflect the expansion and enlargement of theCompany in recent years. In particular, this new management structure will facilitate increasedgeographic expansion in the UK and effectively manage McInerney's current UK operational base nowspanning seven regional divisions. * Mr Tommy Drumm, Executive Director and currently Managing Director of McInerney Homes LtdIreland, will now become Head of Housing & Contracting Operations, for Ireland and the UK. Both theIrish and UK Regional Directors will now report to Mr Drumm. * Mr Mark Shakespeare, Executive Director and currently Director Group Treasury will now have theadditional responsibility for management of the Group's land purchases and portfolio. * Mr Enda Cunningham, Executive Director and currently Group Finance Director, has responsibilityfor the finance function of each subsidiary and will now have the additional responsibility for theGroup's acquisition strategy. The new responsibilities will take effect immediately. ENDS For Information: Siobhan Molloy Tel: +353 1 676 01 68 Weber Shandwick or +353 86 817 50 66 This announcement has been issued through the Companies Announcement Service of The Irish Stock Exchange This information is provided by RNS The company news service from the London Stock Exchange

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