Worldsec Ld 02 September 2005 The Board of Directors of Worldsec Limited announces that Mr Sakae Hashizume has been appointed as Director of the Company effective from 2nd September 2005, and Mr Masao Hasegawa has resigned as Director of the Company with effect from the same date. Brief biographical note on Mr Sakae Hashizume is as follows: Mr Hashizume, aged 42, is currently Chief Manager, Asset Management Business Division of The Bank of Tokyo-Mitsubishi, Ltd. Mr Hashizume joined The Bank of Tokyo in 1986, which merged with The Mitsubishi Bank in 1996 to form the Bank of Tokyo-Mitsubishi, Ltd. His professional experience includes several management positions in the Bank's securities investment and asset management divisions. Mr Hashizume holds a Bachelor of Economics degree from Hitotsubashi University in Tokyo. Alastair Gunn-Forbes" This information is provided by RNS The company news service from the London Stock Exchange