Appointment of Divisional COO

Randall & Quilter Inv Hldgs PLC
07 January 2008


07 January 2008

                  Randall & Quilter Investment Holdings plc

                          Appointment of Divisional COO


Randall & Quilter, the award winning run-off management service provider and
acquirer of solvent insurance companies in run-off, announces that John O'Neill
has joined the Group as Chief Operating Officer of the UK Insurance Services
Division.


John O'Neill has 23 years' experience in the London insurance market, working in
both the active and run-off sectors.   Most recently he was group head of claims
for Wellington plc. Between December 2003 and March 2007 John was the chairman
of the Lloyd's Market Association's Claims Committee. He is currently a member
of the CII's Faculty of Claims Board.  John also has extensive experience with
the United States insurance and reinsurance market through his time as an
account manager in the Equitas Claims Unit. John is a Fellow of the Chartered
Insurance Institute and a graduate in Mathematics and French from the University
of London.

Commenting on O'Neill's arrival, Ken Randall, Chairman and Chief Executive
Officer of Randall & Quilter, said:

'The potential for Randall & Quilter's Insurance Services Division is
substantial and John is a high quality addition to the team.  His arrival,
following our recent successful Admission to AIM, will allow us to enhance
further our development plans.'

Commenting on his appointment, O'Neill said 'I see joining R&Q as a fantastic
opportunity for me to be part of a growing and successful business. It is going
to be hugely rewarding to work with Ken and the rest of the team to continue to
build the business .'


ENDS


Randall & Quilter is the holding company for a group of companies which operate
in the non-life run-off insurance sector (the 'Group').  The Group comprises
three divisions:

  • Insurance Services Division.  This manages insurance portfolios in run-off
    for both third party clients, including syndicates at Lloyd's, and for the
    Group's own insurance subsidiaries.

  • Insurance Company Division.  This acquires solvent insurance companies in
    run-off, avoiding companies with any material personal lines business.
    Currently this division has eight companies in its portfolio.

  • Liquidity Management Division.  This acquires reinsurance receivables on a
    recourse or non-recourse basis and seeks to realise them for cash.


The Group has approximately 170 staff in its offices in the UK and the US and
has recently been selected as 'Run-off Management Service Provider of the Year
2007' by the Association of Run-off Companies.


Further information can be found at www.rqih.co.uk.

Enquiries:

Randall & Quilter Investment Holdings plc

Ken Randall                   Tel: [phone]        Mobile: [phone]

Alan Quilter                  Tel: [phone]        Mobile: [phone]

Noble & Company Limited

John Riddell                  Tel: [phone]        Mobile: [phone]


Numis Securities Limited

Charlie Farquhar              Tel: [phone]        Mobile: [phone]


Polhill Communications

PJ Lewis                      Tel: [phone]         [e-mail]



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