The Company advises that DI Humphries, Managing Director for Glassons has advised her resignation effective 31 October 2012. CEO Graeme Popplewell commented “Di has resigned to join another retailer in a non competing sector of the market. Her resignation is unexpected and we have immediately commenced both an internal and global search for a replacement. Over the past two years we have concentrated on strengthening the Glassons management team and we are confident the calibre of that team will ensure the business will continue to move forward. In the interim key executives will report directly to me.\"