Directorate Change

Toad PLC
03 June 2003


Immediate Release

                                    Toad plc
                            ('Toad' or the 'Group')


The Company announces that Michael Cornwell has not stood for re-election as a
non-executive director of Toad plc. The board thanks Michael for his
contributions over the last 4 years and wishes him well for the future.



For Further Information:

Peter Ward                                           020 8710 4000
Chairman of Toad plc
Wilson Jennings                                      020 8710 4000
Finance Director of Toad plc
Adam Reynolds/Andrew Tan                             020 7245 1100
Hansard Communications







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