RNS Number:4305H
Chesterton International PLC
13 February 2003


                          CHESTERTON INTERNATIONAL PLC
                                 ("Chesterton")

The Board announces the appointment of Neil List as Group Chief Executive to
replace Lorraine Baldry, who is leaving the company, with immediate effect, to
pursue other interests.  Mr List has held a number of executive and
non-executive positions including Executive Chairman of Bridgend Group plc,
Executive Director of Softtechnet.com plc and Non-Executive Director of Hanover
International plc.  Mr List founded residential estate agency Bentleys in 1983
and was a member of the team that established Bentleys as a top residential
sales and lettings agency in North London, prior to its sale in 1989.

The Board also announces the appointment of Mike Backs as Chief Operating
Officer.  Mr Backs qualified as a chartered accountant with Ernst & Young and
has held a number of positions in industry, including a directorship of
Softtechnet.com plc.

On 27 November last year the Board of Chesterton stated that it was in
discussions with parties interested in acquiring the whole or parts of the
company and that it intended to bring these discussions to a conclusion as soon
as possible. Whilst these discussions have continued over an extended period,
they have proved to be inconclusive.  The Board therefore announces that it has
decided to terminate them, not to entertain further approaches for the Group and
to pursue independent action with a view to maximising returns to shareholders.


                                                                13 February 2003

ENQUIRIES:

Chesterton                                           Tel: 020 7499 0404
Peter Brooks, Chairman
Neil List, Chief Executive

College Hill                                         Tel: 020 7457 2020
Alex Sandberg
Gareth David



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