(DISL.L) Discover Leisure PLC Buy/Sell

RNS Number : 2218Y Discover Leisure PLC 28 August 2009

FOR IMMEDIATE RELEASE

28 August 2009

DISCOVER LEISURE PLC

("Discover Leisure" or "the Group")

Appointment of Director

The Company is pleased to announce the appointment with immediate effect of James Hayward as a non-executive director of the Company.

Mr Hayward (46) is a turnaround and restructuring specialist with over 18 years operational and strategic experience and is a partner of Boss llp. He is currently also a director of Ferris Hayward Limited and is a partner of both Arcade Films 4 llp and Broad Oak Support Services llp. In the last five years he has held directorships with Espares Limited and Monotub Industries plc.

Further disclosure as required under Schedule 2 paragraph (g) of the AIM Rules is set out in the Appendix to this announcement.

For further information contact: Discover Leisure plc
David Morrow, Chairman 01430 803 385

Trevor Parker, Chief Executive Neil Harwood, Finance Director
Panmure Gordon (UK) Limited 020 7459 3600

Andrew Godber / Stuart Gledhill
Cubitt Consulting 020 7367 5100
Brian Coleman-Smith / James Verstringhe / Nicola Krafft 07802 724 400

Background Note

Discover Leisure is a leading specialist caravan and leisure industry retailer which floated on AIM in May 2005. Following the restructuring of the Group's activities, it is focused on the retailing of caravans and motor homes in the North of England. It also sells a range of outdoor leisure products from its branches and over the internet.

The Group has 5 branches across the North of England located at: Birtley (Tyneside), Delamere (Cheshire), Chorley (Lancashire), Darlington (County Durham) and York (Yorkshire). Its head office is situated in East Yorkshire.

The board consists of David Morrow, Chairman; Trevor Parker, Chief Executive; and Neil Harwood, Finance Director. The Non Executive Directors are Ian Currie and Simon Dixon.

Appendix

In 2003, Monotub Industries PLC, a company of which James Hayward was a director, was placed into a members voluntary liquidation. Following the liquidation of the assets all creditors were paid in full and there was a small surplus of cash available for the ongoing costs of the liquidation. The only asset remaining in the company was the intellectual property rights to the Titan washing machine. In 2008 the liquidators deemed that there was no reasonable prospect of receiving any further monies in respect of these intellectual property rights and it was agreed to dissolve the company. There were insufficient funds available to pay creditors in full (the deficit was less than £5,000, incurred post the appointment of the liquidators), so the company was put into a creditors voluntary liquidation and finally dissolved in June 2009.

Mr Hayward has confirmed that no further disclosures are required under Schedule 2 paragraph (g) of the AIM Rules.

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

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