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Statement re CEO position

17th Oct 2005 07:27

Lloyds Of London17 October 2005 In relation to the statement today by Prudential plc that Nick Prettejohn, ChiefExecutive of Lloyd's, is to take up an appointment with them as Chief Executiveof their UK insurance operations, Lloyd's has put in place the followingarrangements. Nick will remain at Lloyd's until 31 December 2005. Luke Savage,Director Finance & Risk Management, will become Acting Chief Executive until anew appointment is made whereafter he will revert to his current post. Theprocess for appointing a successor will be overseen by Lloyd's Nominations,Appointments and Compensation Committee. Lloyd's will keep the Market updated asappropriate. This information is provided by RNS The company news service from the London Stock Exchange

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