Board Appointment

Ricardo PLC 1 August 2002 1 August 2002 Ricardo plc Board Appointment Ricardo Plc, the UK's leading independent automotive engineering consultancy announces that Steve Parker has been appointed as an Executive Director with effect from 1 August 2002. Responsible to Rodney Westhead, Chief Executive, Steve Parker will take on a new role as Managing Director, Strategic Development. Steve Parker, aged 49, joins from A T Kearney, one of the world's leading managing consulting practices where he was employed as a Vice President in their Global Automotive practice. Prior to that, Steve has held a number of management positions in the automotive industry. In this new position at Ricardo, Steve will lead the development of new complementary business streams reinforcing Ricardo capability to provide high value added consulting to Ricardo's customers world-wide. In addition this role will build on Ricardo's key automotive engineering and strategic knowledge. There are no further details that are required to be disclosed under section 6.F.2 (b) to (g) of the Listing Rules. Commenting on today's appointment, Rodney Westhead, Chief Executive said: 'We are delighted that Steve Parker has agreed to join the Board of Ricardo to lead this business development initiative. This is a newly created role and one to which Steve brings significant automotive industry and consulting experience.' For further information: Ricardo plc Tel: 01273 455 611 Rodney Westhead, Chief Executive www.ricardo.com Gavin Anderson & Company Tel: 0207 554 1400 Laura Hickman / Charlotte Stone This information is provided by RNS The company news service from the London Stock Exchange

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Ricardo (RCDO)
UK 100

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