Appointment

RNS Number:0174T
Volvere PLC
09 December 2003



Embargoed for 09.00 Tuesday 9 December 2003

                          APPOINTMENT OF DAVID BUCHLER
                            TO THE BOARD OF VOLVERE

Volvere plc, the London-based turnaround specialist and activist investor, today
announces the appointment of Mr David Buchler to the Board as a non-Executive
Director, with immediate effect.

David, aged 51, has some 30 years experience in the field of corporate
turnaround. He was a partner at Arthur Andersen prior to becoming a founding
partner of Buchler Phillips, the UK's leading financial recovery and
restructuring specialist which was acquired by the Kroll - O'Gara Company, the
world's leading risk mitigation firm, in 1999. Until mid-2003, he was Chairman
of Kroll for Europe and Africa. He is a former President of R3, the association
of business recovery professionals, and is currently Non-Executive vice-Chairman
of Tottenham Hotspur Football Club.

Sir Stanley Kalms, Chairman of Volvere, commented: "David brings to the Company
a long history of operation in turnaround situations and an unrivalled network
of contacts and experience which will further strengthen our position.

"We are delighted to welcome David to the Board and look forward to benefiting
from his considerable knowledge and experience."

David Buchler is currently a director of; Ventura Maritime (Holdings) plc,
Ventura Maritime Limited, Ventura UK Limited, Ventura Maritime SARL, Ventura
Europe Limited, Association of Business Recovery Professionals, Kroll Forensic
Accounting Limited, Kroll Limited, Kroll Associates UK Limited, Kroll Background
Worldwide Limited, Tottenham Hotspur Football & Athletic Co. Ltd, Tottenham
Hotspur Public Limited Company, Kroll Holdings Limited, Spiral Solutions
Limited, Syracuse University (USA) London Program, Rosedean Limited, Squarevale,
Kroll Corporate Finance Limited, BP Consulting Limited, BP Financial Consulting
Limited, Bryanston Court One Limited, Kroll Buchler Phillips Limited, Kroll
Lindquist Avey Limited and Kroll Zolfo Copper Limited.

Other than the above there is no information which would require disclosure
under Schedule 2 (f) of the AIM Rules.

                                    - ends -

For further information please contact:

Volvere plc
Jonathan Lander, Chief Executive                                   020 7979 7596

Weber Shandwick Square Mile
Terry Garrett / Christian Taylor- Wilkinson                        020 7067 0700

 



                      This information is provided by RNS
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