Quintain Estates & Development PLC 02 February 2006 2 February 2006 Quintain Estates & Development PLC ("Quintain" / "Company") BOARD ANNOUNCEMENT The board of Quintain announces that James Hamilton Stubber has resigned as an executive director of the Company with immediate effect in order to pursue business interests in Northern Ireland and the rest of the UK. Mr Hamilton Stubber joined the board of Quintain in September 2002 and has most recently focused on generating new business opportunities for the Company. Nigel Ellis, Chairman of Quintain, commented: "We would like to take this opportunity to thank James for the contribution he has made to Quintain over the last three years. We wish him every success in his future career and hope we will undertake business together in the future." For further information, please contact: Quintain Rebecca Worthington Tel: 020 7495 8968 Financial Dynamics Stephanie Highett / Dido Laurimore Tel: 020 7831 3113 This information is provided by RNS The company news service from the London Stock Exchange