Board Appointment

Home Retail Group Plc 12 December 2006 12 December 2006 Home Retail Group plc Board Appointment Home Retail Group plc, the UK's leading home and general merchandise retailer, announces that Penny Hughes joined its Board on 11 December 2006 as a non-executive director. Oliver Stocken, Chairman of Home Retail Group, said: 'I am very pleased to welcome Penny to Home Retail Group. Her considerable experience in retail and consumer marketing and as a non-executive director make her a strong addition to our Board.' Penny Hughes said: 'I am delighted to become a non-executive director of Home Retail Group. It is a very exciting time to be joining as it establishes itself as an independent company. Home Retail Group has two very strong businesses which, I believe, offer great potential for future growth.' Penny Hughes is a non-executive director of Reuters Group PLC, GAP Inc and Skandinaviska Enskilda Banken. In accordance with the Listing Rules, Home Retail Group confirms that there are no matters relating to Penny Hughes that would require disclosure under LR 9.6.13R (2) to LR 9.6.13R (6). Enquiries: Home Retail Group Steve O'Brien 01908 296334 Finsbury Alice Macandrew 020 7251 3801 -ENDS- Notes to Editors: Penny Hughes spent 10 years with Coca Cola, initially as Marketing Director then rising to become President, Coca Cola UK and Ireland. Over the last 10 years, Penny has gained experience as a non-executive director on the Boards of a number of significant international businesses including Vodafone, Trinity Mirror and Body Shop. Currently, she serves on the Board at Reuters, the Board of GAP Inc, where she is the first non-American Board Director and the Board of Swedish bank Skandinaviska Enskilda Banken. She is also a member of the Advisory Board of Bridgepoint Venture Capital and President of the Advertising Association. Penny has a BSc in Chemistry from Sheffield University. About Home Retail Group Home Retail Group is the UK's leading home and general merchandise retailer with sales of over £5.5 billion in the last financial year. It sells products under two distinctive and complementary retail brands, Argos and Homebase. Argos is a unique retailer recognised for choice, value and convenience. It sells over 17,000 general merchandise products for the home through its network of 670 stores, online and over the phone. Argos' internet site, www.argos.co.uk, is the second most popular internet retail site in the UK. Homebase is the UK's second largest home improvement retailer and is recognised for choice, style and customer service across the wider home enhancement market. It has more than 300 large, out of town stores, which sell over 30,000 products, as well as a growing internet offering at www.homebase.co.uk. Argos and Homebase are supported by an in-house financial services business, Financial Services, which provides a range of credit and insurance products to their customers through all customer-facing channels of stores, online and over the phone. Financial Services is one of the largest store card providers in the UK, having over one million active store card customers This information is provided by RNS The company news service from the London Stock Exchange

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