Great Portland Estates appoints Finance Director (UK)

Great Portland Estates plc, announces the appointment of Timon Drakesmith as Finance Director with effect from 12 September 2005. He was previously Group Director of Financial Operations at Novar plc after 13 years of investment banking experience most recently as a managing director at Credit Suisse First Boston.

Commenting on the appointment, Richard Peskin, Chairman, said: "We are very pleased to welcome Timon to the Great Portland Board as Finance Director, bringing with him strategic and corporate finance skills which will complement the existing management team."

There is nothing which requires disclosure in relation to Mr. Drakesmith pursuant to Rule 9.6.13 of the Listing Rules.

Source: Great Portland Estates

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