Directorate Change

Jersey Electricity Company Limited 10 March 2003 The Jersey Electricity Company Limited Directorate Changes The Company is pleased to announce the appointment to the Board of Deputy Geoffrey John Grime, which will take effect from 1 April 2003. Biographical Details Geoffrey John Grime (British) retired in 1999 as Chairman of Abacus Financial Services, a leading offshore trust company in which Mr. Grime played an instrumental role as its founder. A Chartered Accountant, his career in Jersey commenced in 1969 with Cooper Brothers & Co. and progressed to his appointment as Channel Islands Senior Partner of Coopers & Lybrand in 1990. He currently holds many professional appointments as both director and trustee. In November 2002 he was elected as a Deputy in the States of Jersey. Directorships Details of all directorships held in other publicly quoted companies are as follows, and are all current: Liberty Ermitage Alternative Investment Fund Ltd. Liberty Ermitage Funds Ltd. Standard Liberty Distressed Securities (Distributor) Inc. (Being wound up) Standard Liberty Distressed Securities (Accumulator) Inc. (Being wound up) The Royal Bank of Scotland International Money Market Funds Ltd. The Strategic Partners Fund Inc. Other Disclosures I would confirm that there are no other disclosures to be made under Paragraph 16.4 of the Listing Rules. Retiring Directors With effect from 31 March 2003, the following Directors will retire from the Board: Mr Kenneth William Syvret Mr Malcolm Cedric Pollard Senator Michael Edward Vibert P J ROUTIER Company Secretary Direct Tel: 01534 505253 Direct Fax: 01534 505515 Email: proutier@jec.co.uk 10 March 2003 The Powerhouse, PO Box 45, Queens Road, St Helier, Jersey JE4 8NY This information is provided by RNS The company news service from the London Stock Exchange
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