Directorate Change 29 June 2007
Islamic Bank of Britain Plc
29 June 2007
ISLAMIC BANK OF BRITAIN PLC
Directorate Changes
The board of directors of Islamic Bank of Britain Plc ("IBB" or the "Bank")
(AIM: IBB) is pleased to announce the appointment of Sultan Ahmed Choudhury as an executive director of the Bank effective 28 June 2007.
Mr. Choudhury (aged 34) has been with the Bank since January 2004 during which time he set up Head Office Operations, increased the number of branches from one to eight, implemented the UK's first Halal Savings and Personal Finance products and raised the profile and awareness of Islamic Bank of Britain through public relations work in international, UK mainstream and ethnic media.
He previously held senior roles at Charles Schwab Europe, Barclays Private Bank and Deloitte and Touche. Mr. Choudhury has BA and MBA degrees and is a Chartered Accountant (ACA).
Mr. Choudhury has no current or previous directorships. IBB confirms that thereare no other matters requiring disclosure in relation to Rule 17 and Schedule 2(g) of the AIM Rules.
For further information please contact:
Gerry Beaney, Grant Thornton Corporate Finance (Nominated Adviser)
(tel: 020 7383 5100)
Howard Drummon, Keith Bayley Rogers (Broker)
(tel: 020 7253 7502)