Management Appointments

Torex Retail PLC
26 July 2006


                                Torex Retail Plc
                                ('the Company')

                      Announces non-Board appointments for
           Operational Management to deliver Organic Growth Strategy
                                       &
                   Further strengthening of Finance Function


Torex Retail Plc, an international market leader in the provision of innovative
retail IT systems, announces that following the completion of its 2006
acquisition strategy, the Company's operational management is to be restructured
into five newly created Divisions in order to fully focus on maximising organic
growth opportunities in the coming period.

As a result, the following senior internal appointments have been made,
reporting directly to the Plc Board:
          
•    CEO of UK General Retail: Doug Hargrove (age 39)
     (Previously Chief Operating Officer, UK & Ireland)

•    CEO of Overseas Business: Phil Cox (age 39)
     (Previously Group Treasury Officer)

•    CEO of Hospitality & QSR ('Quick Service Restaurants'): Keith Pascal
     (age 41)
     (Previously VP Sales & Marketing, Savista Inc.)

•    CEO of P&C ('Petroleum & Convenience'): Brendan Kavanagh (age 41)
     (Previously Head of P&C Division Worldwide)

•    CEO of Americas General Retail: Mike Hess (age 43)
     (Previously President & COO of Torex North America)

The Company is also pleased to today announce the appointment of Marcus Leek as
Group Finance Director with immediate effect. Marcus (age 31) joins from 4u
Business Ltd (a part of the Caudwell Group) where he held the position of
Finance Director. He also has considerable experience in the retail sector
having worked for J. Sainsbury plc and Bells Stores Limited in a variety of
senior finance roles. Marcus is an industry trained Chartered Accountant.

Reporting directly to Mark Pearman, Marcus will be responsible for all group
financial matters. Marcus will be part of the wider senior management team at
Torex as well as playing a leading role in the finance function. He will also
play an active part in investor relations.

Continuing Plc Finance Director and Business Development Director Mark Pearman
commented:

'I am delighted that we have secured the services of Marcus. He is highly
qualified and his relevant industry experience and energy make him the choice
candidate; we expect him to make an immediate contribution to the Group'.

Supporting Marcus will be Mark Lovett (age 32) as UK Finance Director. Mark
joins Torex Retail from Xansa plc, an IT and Business Process Outsourcing
provider, where for the past 12 months he was Finance Director for the Financial
and Business services division. Prior to that, Mark was Financial Controller for
the Retail division, where he worked on new and existing contracts with
retailers such as Boots, Tesco, B&Q and Marks & Spencer. Having trained as a
Chartered Accountant with KPMG, Mark subsequently held a number of finance
positions with Misys plc in the UK, North America and Far East.

On the new management appointments, Chairman and Chief Executive Chris Moore
stated:

'Following the completion of our recent acquisition strategy, we have now
achieved the sufficient scale necessary to compete globally. It was clear that
as we entered our next phase of organic-focused growth, we needed an experienced
management team and structure that could successfully drive this strategy
throughout the Group. The five new CEO appointments reflect this and will also
make for a clearer reporting structure at Board level.

It was also important for us to strengthen our internal finance function to
reflect the new size of the Company. I am delighted to have secured the
high-calibre services of Marcus Leek and Mark Lovett who join us with clear
financial and industry focus in Retail and IT'.

Torex Retail Plc will announce interim results for the six months ended 30 June
2006 on Monday, 14 August. As stated in the recent 11 July trading update,
management expect these results to be slightly ahead of analyst's expectations
and remain confident for the full year.


                                     -Ends-


Enquiries:

Torex Retail Plc
Chris Moore, Chairman & Chief Executive                      [phone]

Citigate Dewe Rogerson                                       [phone]
Seb Hoyle / Lucie Holloway


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