Information  X 
Enter a valid email address

Alumasc Group Plc (ALU)

  Print          Annual reports

Wednesday 30 August, 2000

Alumasc Group Plc

Change to Board of Directors

Alumasc Group PLC
30 August 2000

             The Alumasc Group plc :  Board Change

'Martin  Wood  is to leave the Board of Alumasc,  the  premier
engineering and building products group, in order to give  his
full  commitment  to  the development of Leonardo  Information

Alumasc's Interim report of 22 February 2000 referred  to  the
creation  of  a 55% owned joint venture - Leonardo Information
Services Ltd - to develop an existing building products search

Following  the successful restructuring of Alumasc's  building
products  activities, Martin Wood, building products Chairman,
has  increasingly been dedicating his time to  developing  the
Leonardo  joint venture.  Leonardo will shortly be re-launched
as a standalone business from new offices in Stafford, focused
on  the  provision  of  net services and  web  design  to  the
building industry.  This will require Martin's full commitment
and,  accordingly, from 31 August 2000 he will cease  to  hold
responsibility for Alumasc's building products activities  and
will resign from the group board.

John  McCall,  Group  Chairman, said:  'We greatly  appreciate
Martin's  significant role in helping to re-shape Alumasc  for
the future and wish him every success in the exciting task  of
leading the development of Leonardo.'

Note for Editors

-    In the year ended 30 June 1999, Alumasc Building Products
     generated turnover of £50.4 million out of a Group total of
     £147.3 million.
-    Leonardo ( is a search engine for  the
     building products industry, established in 1998 by building
     publishers  McDermott Group.   Alumasc acquired  its  55%
     interest in February 2000.


The Alumasc Group plc                             01536-383815
  John McCall (Chairman & Chief Executive)

Bankside Consultants Limited                      020-7220 7477
  Charles Ponsonby or Dominic Barretto

a d v e r t i s e m e n t