Lamprell Appoints CFO

UAE-based Lamprell plc, which provides specialist engineering services to the international oil & gas industry, announced the appointment of Scott Doak, 44, as Chief Financial Officer with effect from the end of February 2007.

Doak has more than 20 years of accounting experience in the Middle East. Most recently he worked for Reuters Ltd. serving as the Head of Finance for Middle East & Africa, where he was also a member of the Senior Management Group involved in Strategic Planning and Market Development. Previously Doak has held senior financial roles with Telerate Ltd., Dubai, Price Waterhouse, Dubai and Whinney Murray & Company (Saudi affiliate to Ernst & Young). Doak is a member of the Institute of Chartered Accountants of Scotland and has a bachelor of accountancy from the University of Glasgow.

Doak will support David Moran, Chief Operating Officer and Chief Executive designate, to ensure a seamless transition of responsibilities when Peter Whitbread steps down as Chief Executive at the end of 2007 whilst remaining as Executive Chairman.

Speaking on the appointment of Scott Doak, Peter Whitbread, Chairman and CEO said:

"We are delighted to welcome Scott Doak as the Group's new Chief Financial Officer at an exciting time in Lamprell's development. Scott brings a wealth of Middle Eastern financial experience to the Group and we look forward to working with him as Lamprell continues to grow and mature."