Directorate Change

Quintain Estates & Development PLC
23 July 2002



23 July 2002




       Quintain Estates and Development PLC ('Quintain' / the 'Company')


Quintain announces Board changes



The Board of Quintain announces that Adrian Wyatt, currently Deputy Chairman, is
to resume the role of Chief Executive with immediate effect.  This follows the
agreement by the Board and Michael Riley, who had assumed the position of Chief
Executive in March 2002, that Michael Riley will leave the Company at the end of
July 2002 to pursue other property interests.



Nigel Ellis, the Chairman of Quintain, has confirmed that he will stay on in his
position.



The board of Quintain is delighted to announce simultaneously that it has
appointed John Plender to the Board as a Non-Executive Director and that he will
sit on the Company's Audit and Remuneration committees.  He is a former member
of the London Stock Exchange's quality of markets advisory committee and a
former Chairman of Pensions and Investment Research Consultants (PIRC).  He is
currently a journalist writing for the Financial Times in London, a member of
the advisory council of the Association of Corporate Treasurers, chairs the
advisory committee of the Centre for the Study of Financial Innovation, a London
based think-tank, and consults on corporate governance for the International
Finance Corporation, the private sector lending arm of the World Bank.



John Plender is a non-executive director of Thoros Systems Ltd.  No further
details remain to be disclosed as required under chapter 16.4 of the FSA Listing
Rules.



Nigel Ellis commented:



'We believe that John Plender's unparalleled standing in the financial community
will be of enormous value to Quintain as we enter this exciting new phase in the
Company's history.'



The Board is also pleased to announce the appointment of Charlotte Eastwood as
Company Secretary. She joins from Eidos PLC where she was Company Secretary for
six years.  In addition to being a Chartered Secretary, she is also a qualified
solicitor with a property background.



                                     -ends-





For further information, please contact:



Quintain
Nigel Ellis
Tel: [phone]



Financial Dynamics
Stephanie Highett/Dido Laurimore
Tel: [phone]




Notes to Editors



After taking his degree at Oxford University, John Plender joined Deloitte
Plender Griffiths & Co in the City of London in 1967, qualifying as a chartered
accountant in 1970.  He then moved into journalism and became financial editor
of The Economist in 1974, where he remained until taking up an appointment as an
outside adviser in the Foreign Office in 1980.



On leaving the Foreign Office, John Plender became a senior editorial writer and
columnist at the Financial Times, an assignment that he has since combined with
current affairs broadcasting for the BBC and Channel 4.  A former member of the
London Stock Exchange's quality of markets advisory committee and past chairman
of Pensions and Investment Research Consultants (PIRC), the corporate governance
consultancy, John Plender is currently a member of the advisory council of the
Association of Corporate Treasurers.  He also chairs the advisory council of the
Centre for the Study of Financial Innovation, a London-based think tank.
Plender served on the UK government's Company Law Review steering group and
consults on corporate governance for the International Finance Corporation, the
private sector lending arm of the World Bank.  John Plender received the Wincott
Award, Britain's premier prize for financial journalism, in 1994.






                      This information is provided by RNS
            The company news service from the London Stock Exchange