Retirement of non-executive Directors

 

Gilbert van Marcke is retiring from the Board. He has made a substantial contribution to the development of Avis over 20 years, both in his former role as Executive Deputy Chairman and since May 2002 as non-executive Director.

 

Malcolm Miller joined the Board in 2001 and has chaired the Remuneration Committee since June 2004. Pierre Alain De Smedt will replace Malcolm as Chairman of the Remuneration Committee with effect from the close of today's AGM.

 

The Board would like to thank Gilbert and Malcolm for their many contributions to the Company. They leave with our best wishes for the future.