Wednesday
11 January 2001, London, UK…Mr
Andrew Barker has been appointed as a Director of the Company with effect
from the close of business on 10 January 2001 and has also become the
new Chairman of the Board. The Board will announce the appointment of
the new directors shortly.
Andrew
Barker has been involved in investment management for more than 30 years,
having joined Foreign & Colonial Management Ltd in 1970. He
was responsible for Foreign & Colonial's North American investments
from 1985 until he retired from Foreign & Colonial in March 2000.
He was a director of Foreign & Colonial Ventures Ltd from 1980 to
1998, which is a specialist provider of private equity finance to small
and medium sized companies. His former directorships include Foreign
& Colonial Investment Trust PLC and Foreign & Colonial Enterprise
Trust PLC. He is past Chairman of the Association of Investment
Trust Companies. He is Chairman of The Bankers Trust PLC.
Enquiries:
Melville
Trimble 020 7772 1462
Merrill
Lynch International
John
Spedding 020 7658 3206
Schroder
Investment Management
Jodie
Van Elst 020 7421 7070
Schroder
Ventures Life Sciences