ITE Group PLC
28 May 2002
ITE GROUP PLC
ITE Group plc, the international exhibitions specialist, today announces the
appointment of Iain Paterson to the Board of Directors as Non-Executive Chairman
with immediate effect.
Mr Paterson, 55, has over 30 years of management experience at a senior level,
most particularly in the oil industry. Most recently he was a Board Member and
International Director of Enterprise Oil PLC, where he was integral in growing
the company from a £400 million UK company to an international FTSE 100 business
with a market capitalisation of £3 billion.
Previously he spent 14 years at British Petroleum plc, where he held numerous
managerial positions, particularly in the Middle East and the USA.
He currently holds Non-Executive Directorships at Paladin Resources plc, an
international oil and gas explorer and producer; MOL Rt, the Hungarian energy
company; and Hunting PLC, the oil field services conglomerate. He was also
previously Chairman of Octagon Energy Limited from 1998 - 2001.
Mr Paterson holds an MA in Natural Sciences from Selwyn College, Cambridge, an
MSc in Geophysics from Durham University and a PMD from Harvard Business School.
Commenting on the appointment, Stephen Warshaw, Chief Executive, ITE Group plc,
'Iain Paterson is a highly regarded individual whose management experience
should provide a valuable addition to the ITE Board. His experience overseas
and specifically in emerging markets should be of particular relevance to ITE
given our international exposure. We are delighted to welcome Iain to the Board
and look forward to working together with him to grow the business further.'
There is nothing further to disclose in relation to Mr Paterson's appointment
under Rule 16.4 of the Listing Rules of the UK Listing Authority.
Stephen Warshaw 020 7596 5000
ITE Group plc
David Simonson/Nicola Davidson 020 7606 1244
Merlin Financial Communications
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