Board Composition

Board Composition

Centrica plc

Centrica plc

31 July 2013

Centrica Board Composition: Non-Executive Directors

Centrica plc’s Board has decided to extend Paul Rayner’s term as a Non-Executive Director through to December 2014.

As reported in its 2012 Annual Report and Accounts, Paul Rayner was due to step down from the Board in December 2013 following nine years’ service as Chairman of the Audit Committee and Non-Executive Director. However, following the announcement that Sir Roger Carr will step down as Chairman, the Board has agreed that it would be appropriate for the new Non-Executive appointment to be made by the new Chairman. The decision follows consultation with a number of the Group’s major shareholders.

While both Paul Rayner and Mary Francis will exceed their nine-year terms, the Board remains committed to good governance, particularly with regard to the UK Corporate Governance Code.

Grant Dawson
General Counsel & Company Secretary

Enquiries:
Centrica Investor Relations: [phone]
Centrica Media Relations: [phone]

Notes:

Further background is included on the Group’s website at www.centrica.com