Appointment of CFO (7174F)

TIDMMSQ

RNS Number : 7174F

Media Square PLC

03 May 2011

3 May 2011

Media Square plc (the "Group" or "MSQ")

Appointment of Chief Financial Officer (CFO)

Media Square plc (AIM: MSQ), the international marketing communications group, today announces that Mr Dean Wright has been appointed as Group Chief Financial Officer and will join the Board with immediate effect.

Mr Wright, who previously held the role of Group Financial Controller, replaces Mr Bruce Winfield who passed away in March 2011 following a lengthy illness.

Peter Reid, Group Chief Executive of MSQ, commented:

"The Board is delighted that Dean has accepted this promotion. He has been acting CFO for the last ten months and has played a central role in the Group's restructuring and refinancing. In the past ten months he has shown real leadership at a difficult time for the finance team."

Dean Wright comments:

"I am very pleased to be taking on this new role at this exciting time for the Group. Media Square now has a stable platform on which to grow and is well positioned to benefit from the hard work that has been put in over the past few challenging years."

Notes:

Dean Wright joined Media Square in 2005, originally being employed as Group Financial Accountant he has since held the positions of Group Finance Manager and Group Financial Controller. He has played a central role in the Group's restructure and bank facility refinancing.

Prior to Media Square Dean was a Divisional Financial Controller at Fleetwood Corporation Limited in Australia and before this worked within the corporate finance team at GlaxoSmithKline.

Dean is a qualified CPA and has a Bachelor of Commerce from Curtin University in Western Australia.

For further information please contact:

 
 Media Square plc    www.mediasquare.co.uk 
 Roger Parry         020 3026 6601 
 Peter Reid          020 3026 6607

Disclosures required under the AIM Rules:

-- Full name: Dean Anthony Wright

-- Date of Birth: 6 April 1972 (age 39)

-- Directorships Currently Held:

AI LONDON LIMITED

APR PHOTOGRAPHY LIMITED

FIFTH RING IAS LIMITED

MSQ SERVICES LIMITED

TWENTYSIX LONDON LIMITED

-- Dean Wright is the beneficial owner of 4,170 Ordinary shares in the Company.

No further disclosures are required under the AIM Rules for Companies, Schedule 2 paragraph (g).

Notes to Editors

Media Square plc (MSQ) is a marketing communications group providing the services of advertising, public relations, research, marketing and design. It now consists of 9 main agencies and has operations in the UK, USA and Asia Pacific. It employs some 650 full time staff. The results for the year to February 2011 will be announced on 24 May 2011.

In September 2005 MSQ acquired the Marketing Services Group for GBP63 million - a transaction which left the Company heavily in debt and with more than 40 operating units many of which became loss making businesses. Starting in late 2007 the Group has undergone a major simplification and restructuring.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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