RNS Number:3059L
GruppeM Investments PLC
01 November 2006

Embargoed until 7.00 a.m.



                                                                 1 November 2006

                            GruppeM Investments PLC

                     (LSE: GRP, 'GruppeM' or the 'Company')

                            Appointment of Chairman



The Directors of GruppeM, the AIM-listed luxury motor retailing group in China,
are pleased to announce the appointment of Don McCrickard as Chairman of the
Company with immediate effect.



Donald Cecil McCrickard FCIB, aged 69, brings a wealth of commercial and
financial expertise to the Company.  Following an early career in financial/
general management and consultancy, he was appointed to head American Express in
the UK in 1975, subsequently assuming responsibility for Amex's businesses in
Europe/Middle East/Africa and Asia/Pacific/Australia.  He was a Director of
American Express International Inc from 1978 to 1983.



In 1983 Mr McCrickard was appointed to the TSB Group (now LloydsTSB) as Chief
Executive of UDT Holdings and then as Chief Executive of TSB Bank before moving
up to become Group Chief Executive of the TSB Group and Chairman of Hill Samuel,
its merchant banking subsidiary.  He was a Member of the Bank of England's
Deposit Protection Board and a Member of the Executive Committee of the British
Bankers' Association.



Following early retirement in 1992, he has devoted much of his time and interest
to the Asia Pacific Region, particularly Hong Kong and China.  He has written
and lectured extensively on the subject and has advised several governments and
corporations.  Mr McCrickard is also currently the Senior Non-Executive Director
at Brit Insurance Holdings Plc and Vice Chairman of National Counties Building
Society.



Don McCrickard is also a director, and has been a director over the previous
five years, of the following companies:


Current directorships - other                          Previous directorships

European Convergence Development Company               Verdandi Limited
European Convergence Property Company plc              Digitalbrain Limited
Conister Trust PLC                                     Demica plc
Equity Partnership Investment Co. PLC                  Crimestoppers Limited
                                                       London Town plc
                                                       Hemisphere Properties plc



No further information falls to be disclosed under the AIM Rules.



Kenny Chen, GruppeM's Chief Executive Officer, commented: "We are delighted that
someone of the calibre of Don McCrickard has agreed to join our Board as
Chairman.  Don's extensive business knowledge, and particularly his experience
of Hong Kong and China, will be of great benefit during the next phase of our
development".



END



For more information please contact:



GruppeM Investments PLC

Kenny Chen/Paul McIlwaine

Tel: +44 (0) 207 233 2952



Shore Capital and Corporate Limited

Alex Borrelli

Tel: +44 (0) 207 408 4090



Further information on GruppeM Investments PLC can be found on the Company's
website: www.gruppemplc.com.




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

BOAAKDKQQBDDCKN

Greencoat Renewables (LSE:GRP)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Greencoat Renewables Charts.
Greencoat Renewables (LSE:GRP)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Greencoat Renewables Charts.