BRL Blackthorn

RNS No 1361r
BRIERLEY INVESTMENTS LIMITED
8 July 1999

                         BIL Appoints Chief Executive

The Board of Brierley Investments Limited today announced the appointment of Mr
Greg Terry as Managing Director and Chief Executive Officer of the Company.

Mr Terry is currently Vice Chairman, Pacific Region, of Credit Suisse First
Boston, based in Melbourne.  He will take up the appointment on or before 
1 November 1999.

BIL Executive Chairman, Sir Selwyn Cushing said, "The Board is delighted to have
attracted a candidate of Greg's calibre to lead the Company.

"He has extensive business experience having worked in senior positions in
investment banking, law and business in Australia, Hong Kong and the United
States.  Given this experience, his contact base and knowledge of the major
markets in which BIL invests, he is the ideal person to lead the Company.

Sir Selwyn said that Mr Terry's appointment together with initiatives relating
to BIL's domicile and capital structure means the implementation of the Group's
business plan is on schedule.

Commenting on his appointment, Mr Terry said, "BIL is poised for a new era of
growth.  It has the staff and now the financial strength to pursue investment
opportunities in the Asia Pacific region and elsewhere.

"With the support of the Board and shareholders, I am confident BIL will regain
its position as the leading investment company in the region, and I am excited
by the opportunity to lead BIL in the next stage of its development."

Before joining Credit Suisse First Boston in 1997, Mr Terry was a Director and
Group General Counsel of Jardine Matheson Limited, based in Hong Kong, for ten
years.  He was also a director of a number of Jardine Group companies including
Jardine Matheson Holdings Limited, Dairy Farm International Holdings Limited,
Mandarin Oriental International Limited and The HongKong Land Property Co Ltd.

Mr Terry is an Australian citizen, aged 54.  He began his career in the
Australian Diplomatic Service.  He has a LLB from the University of Melbourne
and a Masters degree from the Fletcher School of Law and Diplomacy,
Massachusetts, United States of America.

END

BOAALLIRDIITIAA

Blackthorn (LSE:BRL)
Historical Stock Chart
From Jun 2024 to Jul 2024

Blackthorn (LSE:BRL)
Historical Stock Chart
From Jul 2023 to Jul 2024