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TONY VINE-LOTT APPOINTED DIRECTOR GENERAL

September 24, 2001

PIMA, the PEP and ISA Managers’ Association, today announced the appointment of Tony Vine-Lott as Director-General. He will work alongside Peter Shipp, who becomes Head of Policy and Member Services.

Tony Vine-Lott has considerable industry-wide experience, and has previously been Director of Financial Services at RSM Robson Rhodes, and Director of Strategic Planning at Barclays Retail Financial Services.

John Brasington, chairman of PIMA, said, “We have been very fortunate to have someone of Tony Vine-Lott’s calibre and experience on the Board for the last four years. We are delighted that he has agreed to take on this leadership role.”

Tony Vine-Lott said, “PIMA is one of the leading trade associations in the financial services sector. I look forward to advancing PIMA’s agenda and contributing towards policy development with the Treasury and Inland Revenue for tax-efficient savings.”