JDS.L Regulatory News (JDS)

3 Oct 2006 10:34

Jardine Strategic Hldgs Ld03 October 2006 To: Business Editor 3rd October 2006 For immediate release Jardine Cycle & Carriage Announces Appointment of New Group Managing Director The following announcement was issued today by the Company's 64%-ownedsubsidiary, Jardine Cycle & Carriage Limited. For further information, please contact: Jardine Matheson LimitedNeil M McNamara (852) 2843 8227 Matheson & Co LimitedMartin Henderson (44) 207 816 8135 GolinHarrisKennes Young (852) 2501 7987 Weber Shandwick Square MileRichard Hews/Helen Thomas (44) 207 067 0700 This and other Group announcements can be accessed through the Internet at 'www.jardines.com'. To: Business Editor For immediate release Jardine Cycle & Carriage Announces Appointment of New Group Managing Director 3 October 2006 - Jardine Cycle & Carriage today announced that Benjamin WilliamKeswick has been appointed as Group Managing Director of the Company with effectfrom 1st April 2007. He succeeds Adam Keswick, who is to take up otherappointments in the Jardine Matheson Group. Ben Keswick is currently the chief executive officer of Jardine Pacific, whichrepresents a number of the Jardine Matheson group's non-listed interests in Asiaencompassing a range of industry sectors that include air cargo handling,aviation services, building and construction, engineering, restaurants, and ITproducts and services. He joined the Jardine Matheson group in 1998, workingfirst for its retail arm, Dairy Farm, before completing an MBA at INSEAD inSingapore. He moved to Jardine Pacific as finance director in 2003 and becamechief executive officer in 2005. In addition to his role as Group Managing Director of the Company based inSingapore, Ben Keswick will have broader Jardine Matheson group responsibilitiesin Southeast Asia and will remain a director of Jardine Matheson Limited. Chairman of Jardine Cycle & Carriage, Anthony Nightingale, said, "During Adam'stenure, first as Group Strategy Director and then as Group Managing Director, hehas been instrumental in refocusing the Group's operations on our core motoractivities in Southeast Asia and building our relationship with AstraInternational. I would like to thank him for his significant contribution to theGroup as he returns to Hong Kong to become chief executive of Jardine MotorsGroup and Jardine Pacific. I would also like to welcome Ben Keswick." Jardine Cycle & Carriage has a shareholding of just over 50% in AstraInternational, a leading listed Indonesian conglomerate, and also holds directlymotor vehicle retail and distribution interests in Singapore, Malaysia andIndonesia. The Company is listed on the Singapore Exchange and, together withits subsidiaries and associates, employs some 110,000 people. Jardine Cycle &Carriage is a member of the Jardine Matheson Group. - end - For further information, please contact: Jardine Cycle & Carriage LimitedHo Yeng Tat (+65) 6470-8108 This and other Group announcements can be accessed through the Internet at'www.jcclgroup.com'. This information is provided by RNS The company news service from the London Stock Exchange