19 Nov 2002

Appointment of non-executive director to Egg plc

Egg plc (“Egg”) is pleased to announce the appointment of Dr. Juan Rada to the Egg board as a non-executive director, with immediate effect.

Dr. Rada, 51, is Senior Vice President of Oracle Industries, responsible for Europe, Middle East and Africa.

During his career, Dr. Rada has held senior roles at leading international companies including Digital Equipment Corporation and AT&T. Prior to these roles, Dr. Rada was Professor of Technology Management and Dean of the International Management Institute (IMD) in Switzerland.

He is also Chairman of the Lombard Odier Darier Hentsch Private Bankers & Cie, Geneva (one of Switzerland leading private banks) Infology Fund Advisory Board and is also a member of the World Conservation Union (IUCN) Council.

Commenting on the appointment, Roberto Mendoza, Chairman of Egg plc, said:

“We are delighted to welcome Juan onto the Egg board of directors. His wide experience in technology and international business will be of great value to our board as we continue to lead the digital financial services industry and develop our business internationally.”

Ends

Media Enquiries:
Emma Byrne 020 7526 2600 07775 657 241
Egg Media Relations 020 7526 2600 prteam@egg.com
Notes to Editors:
  • Egg plc is Europe’s leading digital financial services provider, providing banking, insurance, investments, mortgages and a shopping portal through its internet site (www.egg.com) and other distribution channels.
  • According to latest findings from Nielsen//NetRatings, the independent web audience monitoring company, is one of the most frequently visited financial website in both the UK and mainland Europe.
  • Egg plc floated on 12 June 2000 raising proceeds of approximately £150 million and is listed on the London Stock Exchange. Prudential plc continues to hold 79% of the share capital.

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