PWP Park Row Grp.

RNS Number:5589A
Park Row Group PLC
30 August 2002

                               Park Row Group plc

                         ("Park Row" or "the Company")



Park Row, a leading national financial advice firm, is delighted to announce the
appointment of David Charles Pinckney FCA MA, aged 61, as non-executive chairman
from 1 September 2002.

David has extensive experience in the financial services sector in the UK,
France and the Far East. He began his career with Peat Marwick Mitchell & Co
(now KPMG) where he became senior audit partner for France and French speaking
Africa. He was then managing director of Wrightson Wood Financial Services Ltd
before becoming group finance director and joint managing director at Thornton &
Co Ltd, which became a subsidiary of Dresdner Bank in 1988. He joined AXA
Investment Managers Ltd in 1998 and will continue in his current role as
executive vice chairman there.

David joins Park Row during a period of rapid expansion following the reverse
takeover of Birchin International plc earlier this year. Park Row now has 250
advisers and is on a recruitment drive to grow the business further.

David succeeds Colyn Gardner who has decided to step down after five years as
Executive Chairman of Park Row, formerly Birchin International plc, to
concentrate on his business interests in the Channel Islands. He will remain
non-executive chairman of AIM listed Intellexis plc.

Rick Abbott, CEO of Park Row, commented:

"We are delighted that David has agreed to join us. Our aim is to continue to
grow Park Row as one of the UK's leading financial advice firms, serving the
financial needs of individual and corporate clients and David is ideally suited
to support us in this objective. David has a wealth of experience in the
financial services sector and we look forward to working with him.

"The board wishes to thank Colyn for his support and commitment to Park Row,
following the transformation earlier this year from Birchin, the investment
company, to Park Row as a financial advice company. We wish him all the best
with his future plans."

David's current and directorships (in the last five years) are as follows:

Current Directorships

Close Brothers Development VCT plc

AXA Investment Managers GS Limited

AXA Asset Management Limited

AXA Investment Managers Limited

AXA Real Estate Investment Managers Limited

AXA Investment Managers Deutschland Limited

AXA Investment Managers AWF Services Limited

AXA Equity & Law Nominees Limited

Marketlaser Limited

Past Directorships

Momentum Investment Trust plc

Dresdner RCM Global Investors Holdings (U.K.) Ltd

Dresdner RCM Global Investors (U.K.) Ltd

Dresdner RCM Funds (UK) Limited

Thornton Nominees Limited

Drum Housing Group Limited

AXA Multimanager Limited

In May 1985, David was appointed a non-executive director of Berlei (UK) Limited
("Berlei"), at the request of the Welsh Development Agency, when it was known
that Berlei was in financial difficulty. David was then appointed the
non-executive chairman of Berlei in June 1985. In November 1985, County Bank, a
major shareholder and creditor of Berlei, put the company into receivership.

No further disclosure with regard to David Pinckney's appointment is required
under the AIM Rules.


  * Ends -

                    For further information please contact:

Jo Smith, Head of Communications    Park Row     020 7929 6633

jo.smith@parkrow.co.uk                           07973 835048



Rick Abbott, CEO                    Park Row     020 7929 6633



Jennie Campbell/               Polhill Communications     020 7655 0510

Terry Hepplewhite




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

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