Trace Group plc Announces the Appointment of a New Director

The Company is pleased to announce the appointment of Robin Woodall as an additional non-executive director with immediate effect.

Robin Hugh Woodall MA (aged 47) has been active in the fund management sector for over 20 years. He started his career as an analyst at Swiss Reinsurance and by 1985 was responsible for running their UK equity funds. In 1987 he joined the Electricity Supply Pension Scheme as UK equity fund manager. He then became a senior fund manager and in 1995 was promoted to head of UK equities.

Robin took a key role in the agreed merger with Foreign & Colonial Management in 1996 and was heavily involved in the subsequent integration of the businesses. He was made a Director of F&C and became head of UK equities in 2001. As part of this role, Robin was also responsible for relevant corporate governance matters. In 2004 F&C merged with ISIS and, at the end of 2005, Robin decided to leave the company.

Robin is a Cambridge graduate. He completed the Investment Management Programme at the London Business School and he is a fully qualified member of the UK Society of Investment Professionals.

Within the previous five years, Robin was a director of F&C Investment Management. There are no further details in relation to Robin Woodall which require disclosure pursuant to the Listing Rules of the Financial Services Authority.

Press enquiries:

Peter Stolerman, Finance Director, Trace Group plc 020 7825 1000

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