Directorate Change

Savills PLC 27 October 2004 27 October 2004 Board Changes Savills plc, the international property consultant is pleased to announce the formal appointment of Peter Smith (58) as Chairman of the Company with effect from 1 November 2004. As announced on 24 May 2004, Peter Smith joined the Board as non-executive director and Chairman Designate. His formal appointment follows the retirement of Richard Jewson from the Board on 31 October 2004. Also with effect from 1 November 2004 a number of changes will be made to the Chairmanships of the various Committees. Charlie McVeigh will replace Richard Jewson as Chairman of the Remuneration Committee and Fields Wicker-Miurin will now fulfil the role of Chairman of the Audit Committee in place of Charlie McVeigh. The Board has also decided for the first time to appoint a Senior Independent Director and Timothy Ingram will fill this role. For further information, please contact: Savills plc Aubrey Adams 020 7409 9923 Citigate Dewe Rogerson Simon Rigby 020 7282 2847 Notes to editors: Savills plc is a leading international property services company with a full listing on the London Stock Exchange. The company has undergone dynamic growth in recent years establishing itself as a powerful player on the international stage with offices and associates throughout the UK, Europe, Asia Pacific and Africa. In addition, Savills' strategic alliance with a top US full service real estate advisory company, Trammell Crow Company, in North America, means that clients have access to a network of offices in the US and Canada. FPDSavills is the trading name for the property service subsidiaries of Savills plc which advise on commercial, rural, residential and leisure properties. Other services include corporate finance advice, property and venture capital funding and a range of property related financial services. This information is provided by RNS The company news service from the London Stock Exchange

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