Rolls-Royce Announces The Appointment Of Lord Gold

ROLLS-ROYCE HOLDINGS PLC - Rolls-Royce Announces The Appointment Of Lord Gold

PR Newswire

London, January 9

Rolls-Royce, the global power systems company, today announced the appointmentof Lord Gold to lead a review of its compliance procedures, reporting to theEthics Committee of the Board. This follows the previous announcement byRolls-Royce that it has provided information to the Serious Fraud Office (SFO)relating to concerns about bribery and corruption involving intermediaries inoverseas markets.

Lord Gold was a solicitor at Herbert Smith for 37 years, serving as its seniorpartner between 2005 and 2010. He is one of the UK's most senior litigators andhas extensive experience working at the highest levels with corporations,governments and regulators around the world.

Notes to Editors:

1. Rolls-Royce is a world-leading provider of power systems and services foruse on land, at sea and in the air, and has established a strong position inglobal markets - civil aerospace, defence aerospace, marine and energy.

2. As a result of this strategy, Rolls-Royce has a broad customer basecomprising more than 500 airlines, 4,000 corporate and utility aircraft andhelicopter operators, 160 armed forces, more than 4,000 marine customers,including 70 navies, and energy customers in more than 80 countries.

3. Annual underlying revenue was £11.3 billion in 2011, of which more than halfcame from the provision of services. The firm and announced order book stood at£60.1 billion at 30 June 2012, providing visibility of future levels ofactivity.

4. Rolls-Royce employs over 40,000 people in offices, manufacturing and servicefacilities in over 50 countries. Over 11,000 of these employees are engineers.

5. In 2011, Rolls-Royce invested £908 million on research and development, twothirds of which had the objective of further improving the environmentalperformance of its products, in particular reducing emissions.

6. Rolls-Royce supports a global network of 28 University Technology Centres,which connect the company's engineers with the forefront of scientificresearch.

7. The Group has a strong commitment to apprentice and graduate recruitment andto further developing employee skills.

For further information, please contact:

www.Rolls-Royce.com