Board Appointment

McInerney Holdings PLC
19 February 2002


Tuesday, 19th February 2002


                  NEW BOARD MEMBER FOR MCINERNEY HOLDINGS PLC


McInerney Holdings Plc., today announced the appointment of Michael Leece as a
Non-Executive Director to its Board. Mr Leece is Chief Executive of the National
Marine Aquarium Limited in Devon, England. He is a board member of South West
England Regional Development Agency as well as a member of the South West
Industrial Development Board.

Mr. Leece CEng, FIMarEST, FIMechE has more than 30 years management and
engineering experience across the tourism and leisure, offshore oil and gas,
defence, marine transport and safety sectors. In his current position as Chief
Executive of the National Marine Aquarium Limited, he successfully led the
construction of a STG£15m aquarium complex, which was delivered ahead of
schedule. The aquarium attracted 475,000 visitors in its first year of operation
and was voted Britain's most popular new attraction in 1998. Previously, Mr.
Leece was Managing Director of Devonport Management Limited from 1987 - 1996, a
company with STG£250m turnover and over 11,000 employees. He was involved in
leading the company's strategic transition from a public sector ship repair
facility, into a highly successful commercial venture.

Speaking on the announcement Barry O'Connor, Managing Director, McInerney
Holdings plc. said, 'Michael Leece has proven leadership strengths and is a
customer focused, strategic thinker. He has an invaluable understanding of the
UK construction and leisure markets. We look forward to drawing on his
experience to the benefit of our UK businesses, William Hargreaves Group, and
the recently acquired Charlton Group.'

                                      ENDS

FOR FURTHER INFORMATION:

Siobhan Molloy/ Susie Horgan,

FCC Shandwick                Tel: [phone] 50 66





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