08/03/07 In accordance with our business development strategy and continued growth I am delighted to communicate our group restructure. The re shuffle will see myself step down from Chief Executive and engage the role of Chairman, enabling the business to further evolve under the direction of an empowered progressive management team. Over the last 12 months I have progressively retracted my involvement in day to day business operations whilst maintaining a steering role. I am therefore pleased to announce the re structure entrusting the following team to take the company forward. Kenny Mosley will assume the role of Managing Director alongside Nigel Hughes Director of Manufacturing & Special Projects; Mark Knapton Contracts Director and Chris Lockley Commercial Director, supported by an inspired Senior Management team. Kenny's many years experience in our industry and his knowledge of our clients’ principles are invaluable to the business. In addition his drive and enthusiasm to maintain and enhance Castles' benchmark for quality and service delivery embraces our “Committed to Excellence” culture. I am both delighted and assured by these strategic changes, we are embarking on a new era presenting fantastic opportunities to further develop our business and client relationships. Without doubt there will be many challenges to prevail, which cannot be realised without an empowered management team and most importantly our loyal committed staff. Throughout 2006 we have developed our internal processes enhancing our service delivery. Our staff development programmes have strengthened our teams, building an informed and knowledgeable workforce. We have embarked on implementing a balanced scorecard that objectively looks at the primary drivers of our business, ensuring we focus and measure our core activities. The next 12 months will see these drivers develop further evolving our business principles. We have benefited from a recent strategic review of our business disciplines, which alongside our growth and secured workloads gives us an extremely strong and perpetual financial platform. We will continue to recognise our responsibilities to the environment and CSR, working hand in hand with our clients to realise increased value and innovation. David Henry Chairman