Barratt Developments : Non-Executive Director Changes on the Barratt Board

24 Feb 2016

Barratt Developments PLC (the 'Company') announces that after eight years' service to the Board, Mark Rolfe has notified the Board of his intention to step down from his position as a Non-Executive Director of the Company with effect from the conclusion of the Company's forthcoming Annual General Meeting to be held in November 2016 (the '2016 AGM'). Mark will also stand down as the Senior Independent Director and Chairman of the Audit Committee on the same date.

The Board has agreed to appoint Jock Lennox as a non-executive director of the Company with effect from 1 July 2016. Jock will also join the Audit, Nomination and Remuneration Committees with effect from the same date and will succeed Mark Rolfe as Chairman of the Audit Committee from the conclusion of the 2016 AGM.

Details of who will succeed Mark Rolfe as Senior Independent Director of the Company will be announced in due course.

Jock is currently a Non-Executive Director and Chairman of the Audit Committee of Dixons Carphone plc, A&J Mucklow Group plc, Enquest plc and Hill and Smith Holdings plc. He is also currently the Senior Independent Director and Chairman of the Audit Committee of Oxford Instruments plc. Jock has advised that he will be stepping down from the Board of Oxford Instruments plc on 13 September 2016.

Jock is a Chartered Accountant and has extensive business and finance experience having worked for over 30 years for Ernst & Young (20 years as a partner) where he led a number of relationships with international clients and held a number of leadership positions in the UK and globally. Jock retired from Ernst & Young in 2009.

John Allan - Group Chairman, commented on Mark Rolfe's pending departure on behalf of the Board:

'Mark has made an outstanding contribution to the company over the last eight years as a Non-Executive Director and as Chairman of the Audit Committee, we are sorry to see him leave. His wise counsel will be missed and we wish him well for the future.'

Commenting on Jock Lennox's appointment, John Allan said: 'We are delighted to welcome Jock to the Board. His wide ranging experience will be a considerable asset to us.''

Commenting on his appointment Jock Lennox said: 'I am delighted to be joining the Board of the country's leading housebuilder. The company's recent performance has been very strong, the strategy is clear and I am looking forward to being part of the Board.'

Other than as set out above there are no other items requiring disclosure under paragraph 9.6.13 of the UKLA's Listing Rules.

For further information, please contact:

Barratt Developments PLC
Tina Bains, Group Company Secretary
01530 278278

Patrick Law, Group Corporate Affairs Director
020 7299 4890

Maitland
James Devas
020 7379 5151

Editor's note:
Jock was also previously a non-executive director of Dixons Retail plc (2012-2014) prior to its merger with Carphone Warehouse plc in 2014.

24 Feb 2016 Non-Executive Director Changes on the Barratt Board

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