Eutelsat Com Regulatory News (ETL)

5 Jun 2007 16:43

Eurotunnel PLC/Eurotunnel S.A.05 June 2007 Tuesday 5 June 2007 Immediate release Eurotunnel appoints two new directors Following the resignation of Jean-Louis Raymond as a director of Eurotunnel, theJoint Board of Eurotunnel has today made the following appointments, effectiveimmediately: - Tim Yeo, MP is appointed as a non-executive director of Eurotunnel P.L.C.;- Pierre Bilger is appointed as a non-executive director of Eurotunnel SA. Tim Yeo is Member of Parliament for Suffolk South and chairman of the House ofCommons Environmental Audit Select Committee. He was Minister of State for theCountryside and Environment and was a member of the Shadow Cabinet where heserved, inter alia, as Shadow Secretary of State for Trade and Industry andShadow Secretary of State for Environment and Transport. Tim Yeo is a directorof ITI Energy Limited and is Chairman of Univent Plc and AFC Energy Plc. He wasalso founding Chairman of the Children's Trust, a charity which took overTadworth Court Children's Hospital. An inspecteur des finances, Pierre Bilger devoted his 15-year career in theFrench public service (1967-1982) to dealing principally with budgetary issues.His career in industry, spanning 21 years, started in 1982 at Compagnie Generaled'Electricite (now Alcatel Lucent) of which he led the privatisation as CFO anddeputy Chief Executive. It continued at Alsthom from 1987, then Gec Alsthom ofwhich he became Chief Executive Officer in March 1991 before becoming Chairmanand Chief Executive of its successor Alstom, from its IPO in 1998 until 2003.Mr. Bilger currently chairs the Dutch-law foundation Stichting Preference SharesRenault-Nissan and is one of the advisors to the Management Consulting Groupplc. Jacques Gounon, Chairman and Chief Executive of Eurotunnel declared: "I am delighted that Tim Yeo, an MP and ex-minister of Her Majesty's governmentas well as Pierre Bilger who chaired the Franco-British group Gec Alsthom, nowAlstom, have joined the Board. This demonstrates our clear intention to recreate within the Board a binationalculture and it should convince British shareholders, who tendered less than 60%of their total Units, to take advantage of the reopening to tender their Unitsto the Offer before 14 June 2007." The Joint Board has also resolved to convene the annual general meetings ofEurotunnel SA and Eurotunnel PLC in Coquelles (France) on 27 July 2007 at 4 p.m.(French time). It must be noted that, on that date, Eurotunnel SA andEurotunnel PLC will have become subsidiaries of Groupe Eurotunnel SA (GET SA)which will therefore control them. Ndegrees 024/2007 For media enquiries contact on + 44 (0) 1303 284491Email: press@eurotunnel.com For investor enquiries contact Michael Schuller on + 44 (0) 1303 288 749.Email: michael.schuller@eurotunnel.com www.eurotunnel.com This information is provided by RNS The company news service from the London Stock Exchange