Subsidiary Board Appointment

Stanelco PLC 11 March 2002 STANELCO PLC Subsidiary Board Appointment Stanelco, the Rf (Radio frequency) applications group, announces the non-executive appointment of Dr Richard Yarwood, 47, Regional President, Europe, of R P Scherer Corporation, to the Board of its subsidiary, InGel Technologies Limited, which it recently established to commercialise its technology for the manufacture of liquid-filled capsules without using gelatine. R P Scherer, a subsidiary of Cardinal Health, a Fortune 100 company, is one of the world's premier drug delivery companies and has the leading global position in softgel capsule technology. In December 2001, R P Scherer signed a licence agreement with InGel, agreed to acquire 10% of InGel, and acquired 3% of the share capital of Stanelco. Richard Yarwood is a qualified pharmacist and led the successful development and commercial launch of Zydis, R.P Scherer's fast dissolving dose form system. Previously, Richard held positions with Wyeth Research, Pfizer, Merck and Wellcome. Richard Yarwood joins another senior executive of R P Scherer, Tom Stuart, who has recently become Regional President, Americas, on the Board of InGel. Enquiries: Stanelco PLC 01489-570 991 Ian Balchin (CEO) Bankside Consultants Limited Charles Ponsonby 020-7444 4166 This information is provided by RNS The company news service from the London Stock Exchange
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