MCKS.L Regulatory News (MCKS)

2 May 2006 08:03

McKay Securities PLC02 May 2006 PRESS RELEASE McKay Securities PLC appoints Nigel Aslin as a Non-Executive Director -------------------------- McKay Securities PLC is pleased to announce that Mr. Nigel Aslin has today beenappointed to the Board as an independent non-executive Director and as a memberof the Company Audit, Remuneration and Nomination Committees. Commenting on the appointment, McKay's Chairman, Eric Lloyd, said "With hisextensive experience in our core South East market and in particular hisknowledge of occupier requirements and expectations, Nigel is well placed tocontribute to the continued growth of the Group. He will be a valuable additionto the Board and I am delighted that he has agreed to join us". Background Information Nigel Aslin (aged 57) is a Fellow of the Royal Institute of Chartered Surveyors.He became a full equity partner of Strutt & Parker in 1986, and after headingthe industrial and office agency departments, developed their corporate realestate service providing strategic acquisition and disposal advice to clientssuch as Vodafone, Microsoft, Fujitsu Siemens Computers, Cadbury Schweppes andCoca-Cola. The success of this service led Nigel to open Strutt & Parker'sReading office in 2002, to be in closer proximity to the Thames Valley clientbase. McKay Securities PLC is a property development and investment company whichdevelops and refurbishes office, warehouse and industrial property, which itretains for long term investment. The Group's portfolio, which is valued inexcess of £230 million, is located mainly in Central London and the south eastof England, predominantly in the office and industrial sectors. It is not atrader, and is focused on rental growth in established markets which hasprovided shareholders with above average dividend and capital growth over manyyears. For further information please contactMcKay Securities PLCSimon Perkins - Managing DirectorTel: 0118 950 2333 2nd May 2006 This information is provided by RNS The company news service from the London Stock Exchange