TPG.L Regulatory News (TPG)

7 Jul 2008 07:00



CORAC GROUP PLC

('The Company')

Board Appointment

Corac Group plc ('Corac' or the 'Company') (AIM: CRA) is pleased to announce the appointment of Sian Westerman as a Non-Executive Director with immediate effect.

Sian Westerman, aged 45, is currently a Managing Director in the Investment Banking Division of NM Rothschild & Sons Limited. In this role, Sian specialises in complex mergers, acquisitions and disposals, capital raisings, corporate governance, strategic advice and investor communication issues. She provides advice to a wide range of public and private companies and private equity houses, acting for blue-chip UK companies as well as a variety of small and medium sized businesses. Sian is a Director of NM Rothschild Corporate Finance Limited, a Non-Executive Director of A.S.H.S Limited, the holding company for the business of Anya Hindmarch and a director of Westside Independent School. She qualified as a solicitor with Slaughter and May in 1988 and holds an LLB (French) from the University of Birmingham. In 2003 she was named Harpers & Queen/Chanel Business Woman of the Year.

Professor Gerry Musgrave, Executive Chairman, said:

"I am delighted to welcome Sian to the Board of Corac. She joins the Company at an exciting time in its development and her experience with Rothschild and in particular her involvement with major corporates will hold us in good stead for the future."

No further disclosures are required to be made in relation to Sian Westerman under Schedule 2 (g) of the AIM rules.

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