Board Appointment

21 Dec 2006 10:21

Pathfinder Properties PLC21 December 2006 FOR IMMEDIATE RELEASE 21 December 2006 PATHFINDER PROPERTIES PLC ("Pathfinder" or the "Company") BOARD APPOINTMENT DIRECTOR'S SHAREHOLDING The Company is pleased to announce that Mr Wlodzimierz Artur Victor Lipien hasbeen appointed to the Board with immediate effect. Mr Lipien, 51, in theprevious past five years has held the following directorships: Current Former Elesys Limited NoneLion-House LimitedAmicrest LimitedAmicrest Holdings PlcAmicrest (Tib Street) LimitedSentinal Properties LimitedSterling Investments Limited There is no further information to be disclosed on Mr Lipien under Schedule Twoof the AIM Rules. As at today's date, Mr Lipien holds 2,666,630 ordinary shares in Pathfinder,representing 3.3% of the issued ordinary share capital. This information is provided by RNS The company news service from the London Stock Exchange