Ian Sutcliffe to become SEGRO plc MD of UK Property (UK)

SEGRO plc announces that Ian Sutcliffe is to be appointed as SEGRO's Managing Director, UK Property, and will be joining the main SEGRO plc Board when he takes up his position - expected to be no later than this July. On 14 April, 2008 Ian stood down as Chief Executive, Taylor Wimpey UK where he was on the Board, of Taylor Wimpey plc. Ian previously held a number of senior international roles within Royal Dutch Shell plc.

In late 2007, SEGRO plc announced that John Heawood, Group Executive Director, UK Property would be leaving the company in July 2008.

Ian Coull, Chief Executive of SEGRO, said: "I am delighted to welcome Ian Sutcliffe to SEGRO. He is an accomplished businessman who brings with him a wealth of wide ranging international experience and acumen. At both Taylor Wimpey and Royal Dutch Shell, through his drive and energy, Ian made a major contribution to performance - in particular demonstrating change management skills, and a strong focus on customer and marketing initiatives.

"In offering Ian Sutcliffe this position, SEGRO was particularly impressed by the breadth and depth of his general business accomplishments, as well as management roles which gave him specific insights into the property sector. Most recently his role at Taylor Wimpey as UK CEO, following the merger of George Wimpey and Taylor Woodrow, included defining the land and capital strategy for the new business. At Shell, Ian was the Retail Director in charge of the commercial development of its UK Petrol Stations; as Managing Director Shell Caribbean he also led all aspects of the business - he duly progressed onto US Vice President of Retail, managing the retail capital and assets strategy for the entire US Shell Oil operations.

"Ian Sutcliffe's arrival at SEGRO marks the culmination of a significant strengthening of the make up of our Executive team over the last few years - in particular, with the appointment of In

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