Retirement of Jim Hodkinson

Ideal Shopping Direct PLC 03 April 2007 3 April 2007 IDEAL SHOPPING DIRECT Retirement of Jim Hodkinson Ideal Shopping Direct Plc has today announced that Jim Hodkinson, Chairman, has decided to spend more time on his other business interests, and has informed the Board of his intention to step down as soon as a new Chairman has been appointed. Jim Hodkinson commented: "I have enjoyed my time with Ideal and leave the Group in good shape and with a sound and solid platform to take full advantage of its many opportunities, as the digital TV revolution rolls out across the UK in the next few years. "Having established that platform, the time has come for me to focus on other interests, and I have informed the Board that I will step down as soon as a new Chairman is appointed, or by August 1st at the latest." Andrew Fryatt, CEO, commented: "Whilst we understand that Jim now has other business commitments that require more of his time, on behalf of all Ideal's employees I would like to say that we are sorry to see him go and wish him well for the future. In the three years since Jim joined Ideal as Chairman, there has been immense change in the business and we all thank him for his outstanding contribution to our Company." Enquiries: Ideal Shopping Direct Plc Tel: 08700 780704 Andrew Fryatt, CEO Reputation Inc Tel: 020 7758 2800 Tom Wyatt This information is provided by RNS The company news service from the London Stock Exchange
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