Wynnstay Properties PLC 17 February 2006 17 February 2006 Wynnstay Properties PLC (the "Company") Appointment of Managing Director Wynnstay Properties PLC announces that Christopher Paul Williams MBA BSc MRICS has been appointed Managing Director of the Company with effect from 20 February 2006 in succession to Michael Cheesmer who retires from the Company on that date after 20 years' service. Paul Williams is a Chartered Surveyor and holds a degree in land management from the University of Reading and a masters in business administration from the Open University. He has spent his entire career in commercial property including a fourteen year period with MEPC where he was a senior property manager, and subsequently deputy regional director in London and then estates director with direct responsibility for a major business park. He has also worked for Lloyds Bank, Legal & General, GE Pensions and Credit Suisse Asset Management where he gained considerable property asset management experience, including sourcing, acquiring and disposing of investments throughout the UK. Latterly he has worked for a privately-owned property company managing a sizeable industrial property portfolio, preparing it for sale and successfully directing this process. Paul, aged 48, is married with three children and lives in Hertfordshire. His hobbies include coaching rugby, having previously played for many years at London Welsh R.F.C. Philip Collins, Chairman said: "Paul brings a wealth of property expertise to Wynnstay and I am confident that he will make a vital contribution to the further enhancement of shareholder value. I hope that as many shareholders as possible will take the opportunity to meet him personally at our Annual General Meeting in July." Paul Williams said: "I am delighted to be joining Wynnstay and I look forward to using my skills and property experience to lead and direct its future development." Paul Williams has been a Director at the following companies: MEPC Milton Park Limited Milton Distribution Services Limited Save as disclosed above, there are no further disclosures to be made in accordance with Schedule 2 (g) of the AIM rules. -Ends- This information is provided by RNS The company news service from the London Stock Exchange