Board Appointment

11 Jan 2006 16:07

Brainspark PLC11 January 2006 FOR IMMEDIATE RELEASE 1 11 January 2006 BRAINSPARK PLC ("Brainspark" or the "Company") Board AppointmentDennis Bailey has been appointed a Director of Brainspark with immediate effect. Mr Bailey became a member of the London Stock Exchange in 1968, a Partner inHichens Harrison & Co, one of the oldest firms of stockbrokers having beenestablished in 1803, and later a joint owner of the business, which was sold toSanlam of South Africa in May 2001. In his 35 years with Hichens, Harrison & Co,Mr Bailey was engaged in discretionary investment management and later Head ofCorporate Finance involved in new issues and takeovers. Mr Bailey resigned asManaging Director of Hichens, Harrison & Co plc in May 2004. He is now Chairmanof Financial Fun Limited, a company engaged in investment management support andcompany research for takeovers. In accordance with the AIM Rules, the following information is provided: 1. Mr Dennis Bryan Bailey is aged 66. 2. Prior to joining the Brainspark Board, Mr. Bailey subscribed for £50,000 of Brainspark convertible loan notes, as previously announced, which has been converted into 10,869,565 Ordinary Shares in the Company. 3. Dennis Bailey holds/has held the following directorships: Current Previous and held within 5 years Ex-Services Mental Welfare Society Hichens, Harrison & Co. PlcFinancial Fun Limited Hichens Investment Management Limited London Wall Nominees Limited Baymag Limited Unittrustprofiles.com.uk Limited Cheapfunds Limited Charterpace Limited Buyco-Sellco.co.uk Limited 4. In April 1993, Inspectors appointed by the Secretary for State for Trade andIndustry interviewed Mr Bailey of Hichens in the course of their enquiriesregarding the affairs of Astra Holdings plc. In the published report, theInspector stated that Mr Bailey and Hichens fulfilled their duties competentlyand responsibly save only in failing to ensure the fulfilment by Astra'sfinancial adviser of an obligation to make a filing with the London StockExchange and also in failing to urge Astra to make fuller disclosure in itsinterim report of certain problems on which Mr Bailey was aware. ENDS Further information Francesco Gardin, Brainspark PLC 020 7843 9838Roland Cornish, Beaumont Cornish Limited 020 7628 3396 This information is provided by RNS The company news service from the London Stock Exchange