Tony Hales Joins C&R

Capital & Regional plc is pleased to announce the appointment of Tony Hales as a Non Executive Director with effect from 1 August 2011.

Tony has been Chairman of Workspace Group plc, the leading provider of space to small and medium-sized enterprises across London since 2002 and steps down from the Board following the AGM in July.  He is currently Chairman of British Waterways, Senior Independent Director of International Personal Finance plc and chairs NAAFI Pension Fund Trustees.

Tony was previously Chief Executive of Allied Domecq plc and a Non Executive Director of HSBC Bank plc.

John Clare, Chairman of Capital & Regional commented:

"I am delighted to welcome Tony Hales as a Non Executive Director.  He not only brings a deep knowledge of the property sector but also a wide range of experience across a range of relevant business sectors."

Tony Hales commented:

"I am delighted to join the Board of Capital & Regional whose assets have considerable potential and where management has now placed the company in a position to realise the opportunity."

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