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Appointment of Deputy Finance Director


Nov 23, 2004

Slough Estates plc, a leading provider of flexible business space, today announced the appointment of David Sleath in the newly created role of Deputy Finance Director, reporting to Dick Kingston, Finance Director.

David Sleath will commence his new role in April 2005 and, upon joining, will become a member of the Slough Estates Executive Committee. He is currently Group Finance Director of Wagon plc, the European automotive engineering and manufacturing group. Prior to joining Wagon in 1999, David spent 16 years at Arthur Andersen where he became a partner in the corporate Finance Department in 1992 and Head of the Assurance Practice for the Midlands Region in 1995.

Ian Coull, Chief Executive of Slough Estates commented: "I am delighted that David has agreed to join Slough Estates and he will be a great asset to our executive team."

Slough Estates' executive search consultants were Ian Jones and Partners.

For further information contact:

Slough Estates plc
Ian Coull, Chief Executive
Dick Kingston, Finance Director
Tel: 01753 537171

Shared Value Limited
Andrew Best / Emily Bruning
Tel: 020 7321 5022 / 5027

Notes to Editors :

David Sleath was employed at Arthur Andersen from 1982 to 1999. He became a Partner in the Corporate Finance Department in 1992 and from 1995 until leaving, he was head of Audit and Assurance for the Midlands region. In 1999 he joined the board of Wagon plc.

Slough Estates is a leading provider of flexible business space in business parks in Western Europe and North America, with over 1700 customers occupying 2.9 million square metres of business space, with a total value of £3.6 billion. Slough Estates' properties are in suburban locations in close proximity to the main business centres, where there is long term demand for business accommodation to serve these key economic regions. The company's main activities are currently based around London, Brussels, Paris, Düsseldorf, San Francisco and San Diego and the company continues to develop new business parks with the long term objective of building shareholder value and enhancing its reputation for quality buildings offering excellent value to customers.
www.sloughestates.com


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