Directorate Change

26 Apr 2006 12:30

Polaron PLC26 April 2006 26th April 2006 Polaron plc Directorate change Polaron plc ("Polaron" or the "Company"), (LSE: POL) today announces thatfollowing the recent disposal of the Company's nanotechnology business, OxfordNanoscience Limited, Professor George Smith, FRS has resigned as Non-ExecutiveChairman of the Company with immediate effect. He will be replaced by WillDavid, a Non-Executive Director of Polaron. The Board has commenced the searchfor a further non-executive director and will make an announcement as and whenappropriate. Commenting on the Board changes, Chief Executive Joe Stelzer said: "I would like to thank Professor Smith for his contribution whilst Chairman ofPolaron and wish him every future success. I am pleased that Will has acceptedthe role as Chairman and look forward to working with him to grow our Controlsbusiness both organically and via acquisition". The Board is pleased to confirm that the Company, now operating as a focusedControls business continues to trade in line with current market expectations. This information is provided by RNS The company news service from the London Stock Exchange