Commercial Director:

Jonathan Paveley (age 40) is appointed to the Board as Commercial Director. He joined Punch from Greene King earlier this year, where he was Strategy Director, responsible for corporate and commercial strategy and purchasing.

During the eight years Jonathan spent with Greene King he initiated the strategic change programme which redirected its strategy, rationalised the company's infrastructure and created the company's three operating divisions. He also led the team which acquired and integrated the Morland business and played key roles in the successful purchases of the Magic Pub Company and Old English Inns among others.

Non-executive Directors:

Marc Jonas has resigned as a Director of the company. He was a co-founder and director of the original Punch Taverns Limited company formed in 1997 and held various positions, including Property Director, within the Group. As Marc pursued other business interests he reduced his involvement with Punch and was appointed a Non-executive Director in early 2003.

Ian Fraser (age 47) is appointed as a Non-executive Director. He is currently Chief Operating Officer of Orange UK, having previously been Trading Director of Safeway Stores plc. He is also a Non-executive Director of Blueheath Holdings plc.

Martin Glenn (age 44) is appointed as a Non-executive Director. He is currently President of all Pepsico’s interests in UK and Ireland, having worked within the group since 1992 in various sales and marketing roles. He previously worked for Mars and Coopers & Lybrand.

Phil Cox, Chairman of the Punch Taverns plc comments:

“The appointment of Jonathan Paveley, Ian Fraser and Martin Glenn further strengthens the Board and increases the retail experience of our Board as we continue to focus on building better businesses for our pub retailers. I would like to thank Marc for his significant contribution to the development of the company over the past 7 years during which the original estate of 1,400 pubs has grown to over 8,300 pubs”

Ends