RNS Number:7953O
Gladstone PLC
18 August 2003

Gladstone plc ("the Company")

The Company is delighted to announce the appointment of Nicholas Palmer
KyleMontgomery (aged 51) as a Non Executive Director of Gladstone plc. He is
currently and will continue to act as the Company Secretary of Gladstone plc. He
will also be a member of the audit and remuneration committee.

Nicholas is a Chartered Accountant who brings to the Board his experience in the
provision and analysis of financial information. He has worked closely with the
Company's Chief Executive, Ben Merrett over the last 2 years during the
successful turnaround of the Groups' performance.

Save for the following information no other disclosures are required under
Schedule 2 of the Alternative Investment Market rules:

Current Directorships:
Cadland Limited
Independent Service Company Limited
Audio Communications Limited

Previous Directorships:
IGI Glass Industries UK Limited

For further information please contact:

Ben Merrett, CEO, Gladstone plc: 01491 201 010
Neil Baldwin, Brewin Dolphin Securities Ltd: 0113 241 0126




                      This information is provided by RNS
            The company news service from the London Stock Exchange

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