Crest Nicholson Regulatory News (CRST)

4 May 2007 16:46

Crest Nicholson PLC04 May 2007 Crest Nicholson PLCFor Immediate Release4 May 2007 Resignation of directors Further to the announcement made on 3 May 2007, whereby Crest Nicholson PLC("Crest Nicholson" or the "Company") confirmed that the Scheme of Arrangementhad become effective and in accordance with paragraph 8 of Part 2 (ExplanatoryStatement) of the Scheme Document, the Chairman and Non-Executive Directors ofCrest Nicholson have resigned as directors of the Company with effect from 3 May2007. Enquiries Crest Nicholson 01932 580 555Stephen Stone, Chief Executive Dresdner Kleinwort (Financial and Rule 3 Adviser and Broker 020 7623 8000to Crest Nicholson)Charles BattenMichael CovingtonAngus Kerr (Corporate Broking) Brunswick (Public Relations Adviser to Crest Nicholson) 020 7404 5959Andrew FenwickKate Miller Dresdner Kleinwort, which is authorised and regulated in the United Kingdom bythe Financial Services Authority, is acting for Crest Nicholson and no-one elsein relation to the Proposals and will not be responsible to anyone other thanCrest Nicholson for providing the protections afforded to customers of DresdnerKleinwort or for providing advice in relation to the Proposals or any othermatter referred to herein. This information is provided by RNS The company news service from the London Stock Exchange