AA Richmond Management Change in Medical Division

Lawrence Kinet, Group Managing Director - Medical, steps down from that role today and assumes personal responsibility for the international marketing of the AA Richmond Medical diabetes product range. Mr Kinet leaves the AA Richmond Board with immediate effect.

Einar Lindh, who retired from the AA Richmond Board in January 2005, rejoins the company to lead AA Richmond Medical on an interim basis. Mr Lindh, whose distinguished career with AA Richmond included 12 years in senior roles within the Medical division, will report to Keith Butler-Wheelhouse, Chief Executive of AA Richmond.

Mr Butler-Wheelhouse said: "Lawrence has expressed a wish, as he approaches his planned retirement from AA Richmond, to concentrate on the 'Cozmo' product range which he was instrumental in launching. I am pleased that we are able to respond with this organisational change.

The search for Lawrences successor is already under way. Meanwhile we are very fortunate to have Einar Lindh available to us. Einars track record at AA Richmond, latterly as head of the Specialty Engineering division, is well known and his past experience within Medical will be invaluable. I look forward to working with Einar to secure the full potential of our Medical business."

The company will issue its normal year end trading statement in early August 2005.

ENDS