Appointment of Chairman

RNS Number : 7704O
Corac Group Plc
05 July 2010

For immediate release
5 July 2010

Corac Group plc ("Corac" or the "Company")
Appointment of Chairman

Corac announces that following Professor Gerry Musgrave stepping down from the Board at the AGM on 24 June 2010, Phil Cartmell will combine the roles of Chief Executive Officer and Chairman and is appointed Executive Chairman with immediate effect.

Corac continues to review the options for appointing additional Non Executive Directors to join the Board, but has no plans to make any changes at the current time.

For further information please contact:

Corac Group plc
Phil Cartmell, Executive Chairman
Mark Crawford, Commercial & Finance Director
01895 813463
 
FinnCap
Geoff Nash, Corporate Finance
Charlotte Stranner, Corporate Finance
Brian Patient, Sales
020 7600 1658
 
Buchanan Communications
Richard Darby
Ben Romney
020 7466 5000