Completion Of New Franchise

Lookers PLC 07 November 2002 7th November 2002 LOOKERS PLC COMPLETION OF NEW FRANCHISE OPERATING STRUCTURE Lookers plc, a leading UK volume and specialist car retailer, announces the conclusion of a major re-organisation exercise to improve its effectiveness as a national motor retailer and to better position the company for further expansion under a strong management team. The new structure completes the process begun last year of re-organising Lookers along car manufacturer franchise lines, rather than regionally, and removes the operational divisions between the company's Northern Ireland and English dealerships. This will deliver industry leading service consistently to Lookers' customers across the UK. A number of key appointments have been made at Operations and Franchise Director level, responsible for franchise operations across the group nationally. Andy Bruce, Operations Director, takes group responsibility for Chrysler Jeep, Citroen, Lexus, MG Rover, Nissan, PAG, Peugeot, Renault, Toyota and Specialist Cars. Brian Schumacker, Operations Director, takes group responsibility for Audi, Honda, Saab, Seat, Vauxhall, Volkswagen, group bodyshops, Unipart, and internet and sub-prime finance operations. Commenting, Ken Surgenor, Chief Executive, said: 'The new structure will create a more effective national sales network, strengthen our relationships with our car manufacturer partners and reinforce our role as one of the most successful motor retail groups in the industry.' ENQURIIES: Lookers plc Fred Maguire, Chairman 0161 291 0043 David Dyson, Group Finance Director Hudson Sandler Andrew Hayes, James Hill 020 7796 4133 NOTES TO EDITORS: The following appointments have been made at Franchise Director level: Keith Alton for Honda John Brankin for Chrysler Jeep, Citroen and Peugeot Tom Magowan for Nissan Gavin Martin for MG Rover and UseDirect Richard Stinson for Specialist Cars Andrew Hall for Renault in England Colin McNab for Renault in Northern Ireland Karl Hamer for Vauxhall Midlands Mark Robinson for Vauxhall Northwest and Saab Liverpool This information is provided by RNS The company news service from the London Stock Exchange

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