PFO.L Regulatory News (PFO)

30 Jun 2005 07:30

VTR PLC30 June 2005 For immediate release 30 June 2005 VTR plc Re Directorate VTR plc strengthen board with key operational appointment VTR plc ("VTR" or the "Group") today announces that Neil Lane has joined theBoard as Operations Director with immediate effect. Mr Lane, aged 38, has worked at VTR for the past 17 years. He is currentlyManaging Director of TMR, the Group's film mastering and restoration divisionwhich also includes the company's DVD production and digital asset managementbusinesses. Neil will assume responsibility for managing all VTR's operationalbusinesses and hence ensure that operational performance, reporting andmanagement are at the heart of the plc Board. He will remain responsible foreTITLE, the Group's project to create an automated subtitling workflow system. Commenting on Neil's appointment, Paul Tracey, Managing Director of VTR said, "I am delighted to welcome Neil to the Board. Neil has the respect of hiscolleagues, a deep knowledge of our businesses and is the perfect candidate toensure that the Board and its operating businesses work together to maximise themany opportunities ahead of us. I have no doubt Neil will make a greatcontribution to VTR plc." Neil Lane added, "I am very excited to be joining the VTR plc Board - it's an honour and newchallenge and I look forward to working closely with the other directors todeliver value to our shareholders, high quality services to our customers andgrowth and opportunities to our employees." Pursuant to paragraph 16.4 of the Listing Rules, VTR advises that Mr Lane doesnot have and has not previously had any other directorship in any other publiclyquoted company at any time in the previous five years, and there are no detailsto be disclosed pursuant to paragraph 6.F.2 (b) to 6.F.2 (g) of the ListingRules. # ENDS # For further information: Peter Samengo-Turner, Group Finance Director VTR plc 020 7437 0026 Lawrence Dore / Nick Bishop Mantra PR 020 7907 780O This information is provided by RNS The company news service from the London Stock Exchange