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Oakdene Homes plc

('Oakdene' or 'the Company')

Appointment of Director

The Board of Oakdene Homes plc ('Oakdene') is pleased to announce the appointment of Mr. Ian Darke, 62, as a non-executive Director with effect from 30 October 2008.  

 

Chief Executive of Oakdene, Carl Turpin, commented

'We are delighted that Ian Darke has accepted appointment as Director. Ian has considerable experience in property and many other fields and I am certain that the Company will derive great benefit from his experience and expertise.'

www.oakdene-homes.co.uk

ENQUIRIES:

Oakdene Homes plc           

Carl Turpin, Chief Executive             Tel: 01737 249393

Robert Boot, Finance Director

Panmure Gordon

Dominic Morley                           Tel: 020 7459 3600

Note

Ian Darke is a former director of:

Federal-Mogul Sapanca Segman ve Gomlek Uretim Tesisleri A.S

Federal-Mogul Izmit Piston ve Pim Uretim Tesisleri A.S

Federal-Mogul Investment Ltd (BVI)and

Federal-Mogul Ltd (In administration). This company filed for administration in January 2002. The total claims agreed to date are £6,562,314 which include inter-company, employee and pension scheme claims. The dividend paid to date to unsecured creditors is 64.7p and there will be a further 7p final distribution, bringing the total to 72p in the pound.

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