De Savary - A Change Of Circumstances

27/10/06

Peter de Savary has, today, resigned from the Board of Millwall Holdings PLC.

"Due to a change in circumstances, I shall be spending the majority of my working time overseas and cannot, therefore, continue with the responsibilities as a Director of Millwall Holdings PLC," he said.

" I am delighted to have recruited earlier this year Heather Rabbatts CBE, who I am confident will effectively assume the leadership role as Executive Chairman of Millwall Holdings PLC. I shall continue to hold my shares as a long term investor. I wish Millwall every success in both its football ambitions and in its unique opportunity of urban property regeneration which is progressing extremely well"

Heather Rabbatt will take over as 'caretaker'.