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INTU PROPERTIES PLC - Board Committee Changes

Release Date: 09/11/2015 12:30
Code(s): ITU     PDF:  
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Board Committee Changes

INTU PROPERTIES PLC
(Registration number UK3685527)
ISIN Code: GB0006834344
JSE Code:      ITU


INTU PROPERTIES PLC


Board Committee Changes


Intu Properties plc (“Intu”) announces changes to the composition of its Audit and Remuneration
committees.

New appointments are being made to the committees to provide continuity given that Neil Sachdev will
not be seeking re-election at the May 2016 AGM as he will by then have served on the Board for nine
years. Neil will continue to serve on the committees until then.

The appointments, which are effective from today’s date, are as follows:

Audit Committee
    - Rakhi Parekh has joined the Audit Committee
    - The Audit Committee now comprises Adele Anderson (Chairman); Neil Sachdev; Andrew
        Strang and Rakhi Parekh.

Remuneration Committee
   - Louise Patten has taken over from Neil Sachdev as Chairman of the Remuneration
     Committee
   - Andrew Huntley has joined the Remuneration Committee
   - The Remuneration Committee now comprises Louise Patten (Chairman); Neil Sachdev; Adele
     Anderson and Andrew Huntley.


ENDS

Contact:

Intu Properties plc
Patrick Burgess     Chairman                                                               +44 (0)20 7960 1263

David Fischel           Chief Executive                                                    +44 (0)20 7960 1207

Public relations
UK:                     Justin Griffiths, Powerscourt                                      +44 (0)20 7250 1446

SA:                     Frédéric Cornet, Instinctif Partners                                +27 (0)11 447 3030



9 November 2015

Sponsor:

Merrill Lynch South Africa (Pty) Ltd



Notes for editors

Intu is the leading owner and manager of prime regional shopping centres in the UK.

A FTSE 100 company, Intu owns and operates many of the UK’s biggest and most popular retail and leisure
destinations, including nine of the top 20, incorporating super-regional centres such as intu Trafford Centre, intu
Lakeside and intu Metrocentre, together with a number of city centre locations from Watford to Newcastle.
With over 23 million sq. ft. of space hosting top UK and international retailers from Apple to Zara, Intu centres
attract some 400 million customer visits from over half of the UK’s population every year.

Intu has a UK investment pipeline of £1.5 billion over the next ten years to add 2.6 million sq. ft. of new retail and
leisure space, of which 1.7 million sq. ft. is already consented. Major projects due to be underway soon include
the extension and refurbishment at intu Watford and the leisure expansion at intu Lakeside.

Intu also has a growing presence in the Spanish market, owning two of Spain’s top 10 centres: intu Asturias in
Oviedo, and Puerto Venecia in Zaragoza, a development site in Málaga and development options on a further
three sites in Valencia, Palma and Vigo.

Intu creates a compelling experience for its customers, both on and offline, delivering on its brand promise to
provide the most digitally connected shopping centres, world-class service and events with a difference. National
initiatives include the annual ‘Everyone’s Invited’ event which in 2014 increased footfall that weekend by an
average of 13%. Our objective is for customers to come more often and stay for longer, in turn helping intu’s
retailers to flourish.

With some 115,000 people employed at Intu’s centres in the UK, representing some 4% of the UK’s total retail
workforce, Intu is fully committed to supporting its local communities and the wider environment and is proud to
have received widespread recognition for its Corporate Responsibility achievements, including the coveted BitC
CommunityMark.

For further information see www.intugroup.co.uk

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