Board Changes

RNS Number:9546W
Conister Trust PLC
21 May 2007


FOR IMMEDIATE RELEASE                                        21 May 2007


                               CONISTER TRUST PLC

                                 BOARD CHANGES


The Board of Directors of Conister Trust Plc are pleased to announce that Ilyas
Khan has agreed to join the Board as a Non-Executive Director.


Ilyas Khan, aged 44, is Non-Executive Chairman of Techpacific Capital Limited
which he co-founded in December 1998 in Hong Kong. Prior to that, Ilyas Khan was
a senior member of the management team and a Managing Director of Nomura
Securities, responsible for the Asian (non-Japan) investment banking and fixed
income business.


Ilyas Khan has more than 20 years corporate finance and investment banking
experience with financial institutions such as Citicorp, UBS and Schroders. At
Citicorp and UBS, Ilyas initiated, built, and then managed regional corporate
finance and capital market businesses in Asia and was responsible for a number
of landmark transactions across Asia.


The Techpacific group is engaged in the businesses of merchant banking, asset
management, venture capital fund management and direct investment. It is listed
on the Hong Kong Stock Exchange's GEM board, with offices in China, Singapore,
the United Kingdom and has representation in other parts of Asia.

Its principal subsidiary, Crosby Capital Partners, which carries out the Group's
merchant banking and asset management business, is quoted on London Stock
Exchange's AIM market.


Crosby Capital Partners is a leading independent, deal-focused, Asia-oriented
merchant banking and asset management group. Crosby has dual headquarters in
London and Hong Kong, and offices across Asia. Ilyas Khan is the Group Managing
Director responsible for Crosby's Merchant and Investment Banking business and
has managed and been responsible for building that group's widely recognised
merger and acquisition activity in recent years.


Ilyas Khan's investments includes, amongst others, a significant holding in MCS
Music, and Hong Kong based Creative Work Limited. He is also an independent non
executive director of London listed Speymill Group and Australia listed White
Energy Corporation.


There is no information to be disclosed for Mr Khan under Schedule Two,
paragraph (g) (iii)-(viii).


Jerry Linehan, Chief Executive Officer of Conister Trust commented that Ilyas
with his wealth of banking experience and business connections would be a very
welcome addition to the Conister Board and invaluable in developing its banking
business, in particular the rapid expansion of the prepaid card and e-commerce
business into key market places. The Far and Middle East have been identified as
key markets for Conister.


The Board also announces that Peter JS Hammonds, who has served the Bank since
2001 first as a Non Executive Director and then Executive Chairman until the
appointment of Jim Mellon will step down from the Board of Conister Trust PLC
with effect from 21 May 2007.


Mr Jim Mellon, Chairman, expressed his gratitude for Peter's service to the Bank
during a period of significant change and wished him well in his future
endeavours.


Contact: Conister Trust plc, Jerry Linehan, Chief Executive Officer, 
         Tel: [phone]


         Beaumont Cornish Limited, Roland Cornish, 
         Tel: [phone]



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