HALLENSTEIN GLASSON ANNOUNCES APPOINTMENT OF GROUP CEO Chairman of Directors, Warren Bell, has today announced the appointment of Stephen Timms as Group CEO. Stephen Timms has significant experience in the retail industry, having held senior positions in Australia and America, his most recent position as Group Chief Operating Office for Ascendia Retail (Rebel Sport and Amart Allsports) in Australia. Prior to that position Stephen held a number of senior positions with DFS in a career spanning 13 years. Those positions included Managing Director DFS Mid-Pacific, and more recently Managing Director, Australia, New Zealand, and New Caledonia. Mr Bell said “Mr Timms appointment is the result of an extensive executive search. We are very pleased to have secured the services of such an experienced retailer. Stephen has a great depth of knowledge of the retail industry and comes to us with a very successful track record.” Acting CEO Roy Dillon vacates the position on 31 March 2010, and Mr Timms will spend time with Mr Dillon prior to that date to effect a smooth transition.