United Kingdom: Greene King announced future change of Director

Greene King announced on April 21 that Michael Shallow, who has been finance director since joining in 1991, has decided that he would like to seek new challenges outside the company. Michael has agreed that he will not resign before December, which will allow him to see through the completion of the final results for the financial year to 1 May 2005 and the interim results for the half year to 16 October 2005. He has had fourteen very successful years with Greene King and wants to provide for a smooth transition. Greene King will begin the search for his replacement.

Tim Bridge, chief executive, said : ' We will be very sorry to see Michael leave, but clearly respect his views on what he wants to do. I have greatly enjoyed working with him over the years and he has been massively committed to the company, as I know he will continue to be throughout the rest of the year.'

Michael Shallow said : ' I have had fourteen great years with Greene King, during which time the company has developed on all fronts. I feel proud to have been associated with what we have achieved but I feel that I now want to explore other opportunities.'

24 April, 2005