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Jarvis plc – Appointment of New Finance Director


01/09/2004

Jarvis announces that it has appointed Alistair Rae in an executive capacity as its new group finance director with immediate effect. The company announced on 15 April 2004 that Mr Rae had been appointed the acting group finance director. Mr Rae is a non executive director of LTG Technologies plc.

At the date of appointment, Mr Rae holds no shares or options over shares in the Company and there is no information to be disclosed in respect of paragraphs 6.F.2 (b) – (g) of the listing rules.

Kevin Hyde, group chief executive, said today:

“ I am delighted that we have been able to confirm the appointment of Alistair in this important role. He has undertaken the responsibilities of group finance director at the most difficult and exacting time, and has guided us through a very complex situation. In a very short time he has established himself as a leading figure in the group and gained the respect of all those with whom he works, both within and outside the company. He is a crucial figure in the recovery process we have underway.”

Biographical Note

Alistair joined Jarvis as director of corporate affairs in 2001 from HSBC investment bank. Prior to HSBC he worked for Cazenove & Co in their corporate finance department in the U.K. and was also the Managing Director of their Asian business, based in Hong Kong. He qualified as a chartered accountant with KPMG in 1983 and subsequently worked for Deloittes.


For further details contact Paul Ravenscroft on 020 7017 8127
Email paul.ravenscroft@jarvis-uk.com

or

Andrew Honnor/David Trenchard at Tulchan Communications 020 7 353 4200


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