Re Directorate

Xaar PLC 28 March 2001 28 March 2001 Xaar plc XAAR ANNOUNCES APPOINTMENT OF NEW FINANCE DIRECTOR AND COMPANY SECRETARY Xaar plc ('Xaar'), the Cambridge-based ink jet printing technology company, today announced that Gordon MacLeod was appointed as Finance Director at the Annual General Meeting held yesterday, following the resignation on the same day of Jonathan Lowe from the Board to join a leading private equity firm. Mr MacLeod has also been appointed as Company Secretary. Mr MacLeod, aged 30, qualified as a chartered accountant with Coopers & Lybrand New Zealand. In 1995 he was seconded to the firm in the UK, where he was an audit manager in the Cambridge office. He joined Xaar in March 1998 as the Group Financial Controller. There are no details requiring disclosure in respect of paragraph 16.4 of the Listing Rules for Mr MacLeod. Ends Contact: Gordon MacLeod, Finance Director at Xaar on Tel: 01223-423663 Steve Liebmann or Lisa Baderoon at Buchanan Communications on Tel: 020 7466-5000

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Xaar (XAR)
UK 100

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