Christian Salvesen

                  Appointment of New Finance Director

20th November 2003

Christian Salvesen PLC
Appointment of new Finance Director

Christian Salvesen PLC announces that Julian Steadman has been appointed as
Group Finance Director and an executive director of the company with immediate
effect.

He was appointed in July 2003 to cover the role of finance director following
the departure of Peter Aspden. Mr Steadman, aged 50, was previously Group
Finance Director at Biocompatibles International plc and Eyecare Products Plc,
and has extensive international experience with The Clorox Company in the USA
and Procter & Gamble in Europe.

David Fish, Chairman of Christian Salvesen PLC, said: "Julian Steadman has made
a significant contribution to Christian Salvesen in the short time since he took
on the role of interim Finance Director. I am delighted that we are now able to
appoint Julian to the permanent position, from a strong list of candidates."

Julian Steadman said, "I am delighted to be joining Christian Salvesen on a
permanent basis. This is a challenging time for the company, and for the
industry as a whole, but I look forward to working with the strengthened
management team to return the company to growth."

There are no other disclosures required under Section 6.F.2 (b-g) of the Listing
Rules.

For further information, please contact:


Christian Salvesen PLC
Edward Roderick, Chief Executive
Frances Gibson-Smith, Head of Investor Relations          01604 662600
Hogarth Partnership Limited
John Olsen
Tom Leatherbarrow                                        020 7357 9477