INTU.L Regulatory News (INTU)

INTU PROPERTIES PLC

LEI: 213800JSNTERD5CJZO95

18 February 2019

intu properties plc ("intu" or the "Company")

Intu: NED changes

intu announces that Louise Patten, independent non-executive director, has retired from the Board with effect from today's date. Ian Burke has taken over as Chairman of intu's Remuneration Committee.

Richard Gordon, non-independent non-executive director, informed the Board today that he would not be seeking re-election at intu's AGM on 3 May 2019. However, at the request of the Board, Richard has agreed to stand down with effect from today's date in order to allow intu to preserve the balance of independent and non-independent directors on the Board, as required by the UK Corporate Governance Code.

Following the above changes, the Board will comprise a total of 7 directors. Excluding the Chairman, 3 directors are independent and 3 directors (including the 2 executive directors) are non-independent.

John Strachan, Chairman of intu, said "on behalf of the Board, I would like to thank both Richard and Louise for their contribution to the Board's deliberations over the past several years. Richard's association with intu goes back to 1996 and he has been a valued, dedicated and supportive non-executive director. Louise has served for almost 8 years as a non-executive director and Remuneration Committee chairman. I wish both Richard and Louise our best wishes for the future".

ENDS

Enquiries:

intu properties plc

Susan Marsden Group Company Secretary +44 (0) 207 887 7000