VAN Vanco

RNS Number:5760Y
Vanco PLC
19 June 2007


Vanco plc

Appointment of Group Finance Director

Vanco, the global Virtual Network Operator (VNO), today announces the
appointment of Peter Johnston as its new Group Finance Director. Peter will join
the Board of Vanco on 1 September 2007. He takes over the position from Simon
Hargreaves, who was promoted to the role of Managing Director of Vanco Solutions
in March 2007.

Peter, aged 43, has a law degree from the University of Durham and qualified as
an ACA with KPMG in 1989.  After leaving KPMG, he held finance positions with
BET plc and Shanks Group PLC. In 1995, he joined Thorn Lighting Group Ltd, which
was owned by a private equity group headed by Investcorp, where he carried out a
variety of roles including Group Planning Director, European Finance Director
and General Manager Central Europe. In 2001, he was placed by Investcorp as
Group Finance Director in The Polestar Group Limited ("Polestar"), Europe's
largest independent printer, with a remit to restructure the business.  This
concluded in 2006 when he managed a #1.1 billion refinancing in which ownership
of Polestar passed from Investcorp to a banking syndicate comprising Bluebay, JP
Morgan and others. Since this transaction, Peter has continued to work for
Polestar.

Allen Timpany, Chief Executive of Vanco, said, "We are delighted to announce the
appointment of Peter Johnston.  He is a highly experienced and capable finance
director who will make a strong contribution to the Group as it continues to
grow significantly. I would like to thank Simon Hargreaves, who was promoted to
Managing Director of Vanco Solutions in March, for his immense contribution as
Finance Director over 12 years, during which period, the company's revenues
increased from #4m revenue to #183m."

For the purposes of paragraph 9.6.13 of the Listing Rules, Peter was a Director
of The Polestar Group Limited at the time that it was placed into administrative
receivership in December 2006 as part of the financial restructuring of the
Polestar Group.

There are no other details to be disclosed in respect of the requirements of
paragraph 9.6.13 of the Listing Rules.

For further information please contact:

Vanco plc

Simon Hargreaves, Managing Director, Vanco Solutions & Group Finance Director
T. +44 (0) 208 6361700

Michael Piddock, Marketing Manager
T. +44 (0) 208 6361721
michael.piddock@vanco.co.uk

Katie Tzouliadis, Biddicks
T. +44 (0) 207 4481000




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