MURRAY & ROBERTS STATEMENT

STATEMENT BY DAVE BRINK, CHAIRMAN, AND BRIAN BRUCE, CHIEF EXECUTIVE-ELECT OF
MURRAY & ROBERTS HOLDINGS
19 JUNE 2000

IT IS WITH PLEASURE THAT WE ANNOUNCE THAT ROGER REES HAS JOINED THE MURRAY &
ROBERTS GROUP AND WILL SUCCEED LIONEL BIRD AS CHIEF FINANCIAL OFFICER OF MURRAY
& ROBERTS HOLDINGS FOLLOWING THE ANNUAL GENERAL MEETING ON 25 OCTOBER 2000. HE
HAS BEEN APPOINTED FINANCIAL DIRECTOR OF MURRAY & ROBERTS LIMITED WITH EFFECT
FROM 1 JULY 2000.

LIONEL BIRD WILL REMAIN AN EXECUTIVE DIRECTOR OF MURRAY & ROBERTS HOLDINGS WITH
SPECIFIC OPERATIONAL RESPONSIBILITIES RELATED TO THE GROUP'S REDEVELOPMENT
PROGRAMME. LIONEL LINDSAY WILL CONCENTRATE ON THE IMPORTANT ROLE OF GROUP
SECRETARY.

ROGER HAS A BSC (HONS.) IN ECONOMICS AND IS A FELLOW OF THE INSTITUTE OF
CHARTERED ACCOUNTANTS IN ENGLAND AND WALES. HIS EARLY EXPERIENCE WAS GAINED AT
ARTHUR ANDERSON IN LONDON AND JOHANNESBURG.

IN ADDITION TO HIS EXTENSIVE EXPERIENCE AS A FINANCIAL DIRECTOR, INCLUDING
INTERNATIONAL CORPORATE FINANCE FUNCTIONS SUCH AS DUE DILIGENCE STUDIES,
MERGERS, ACQUISITIONS AND DISPOSALS OF COMPANIES, ROGER RECENTLY COMPLETED AN
ASSIGNMENT AS CHIEF OPERATING OFFICER OF A LEADING MEDIA COMPANY.
ISSUED BY MURRAY & ROBERTS CORPORATE AFFAIRS