Board changes

Following a meeting of the Board held on 25 November 2004, Reed Health Group has announced that Trevor Goul-Wheeker has been appointed as Chief Executive Officer of the Company with effect from 7 December 2004.

Trevor Goul-Wheeker is a highly experienced Chief Executive and is currently Executive Director at WHSmith. Previously, he was Non-Executive Chairman of Knowledge Support Systems plc, where he was instrumental in returning cash to shareholders, and Managing Director, Hammicks Bookshops Ltd, which was sold in 2003 following a major turnaround programme. His career also has encompassed a number of senior executive positions in Gestetner and Unilever, where Trevor ran both UK and International Divisions with significant sales into the health, education and institutional sectors.

Reed Health Group has also announced that Angela Morris has been appointed as a Director of the Company at the Board meeting held today. Angela is currently Divisional Director, Reed Nurse and Social Care. She joined Reed Health Group in October 2002 as operations director of Reed Social Care, taking over the additional responsibility for Reed Nurse in April 2004.

Angela Morris has worked in health and social care recruitment since 1988. She accepted her first Director’s appointment in 1997 for the social care and pharmacy divisions of CSG Healthcare where she stayed until 2000. During 2000, she completed a venture capital backed, 27m leveraged management buy-in acquiring two separate companies to form Corinth Healthcare, a healthcare recruitment company.

Barry Hartop, Chairman of the Company, said:

I am delighted to strengthen the Board with the appointment of Trevor and Angela; between them they bring a wealth of management experience which can build on the sound foundation we have in the marketplace and take the Company forward.

Finally, Reed Health Group announces that David Fennell, the existing Chief Executive Officer of the Company, shall stand down from this position to lead future development of the Health sector. David will remain on the Board, as Divisional Director, Health.

Barry Hartop, Chairman of the Company, said:

David Fennell has successfully led Reed Health Group through the integration of the Reed Health and Locum Group businesses. With this work accomplished, the result is a fully integrated company, with leading-edge IT capability and significantly reduced central costs. The Company is now well placed to build on these foundations and place profitable growth as its immediate priority. I would like to thank David for the leadership he has demonstrated during the integration process over the last two years. David has all the experience and qualities needed to deliver further growth for Reed Health Group in the health sector.

David Fennell said:

The health sector is going through a period of great change and I believe there is now growing potential, with many new opportunities. There is much to be done and, with my fourteen years’ experience of recruitment in the health sector, I look forward to focusing my efforts on maximising Reed Health Group’s success in the years to come.