Brian Cox (52) Board of Directors Executive Director Barry Hinkley (50) Keith Cochrane (34) Executive Director Group Finance Director

6Mike Kinski (47) Group Chief Executive 55Brian Souter (45) Chairman

5Barry Sealey CBE (63) Non-Executive Director

5Ewan Brown CBE (57) Non-Executive Director

55Robert Speirs (62) Non-Executive Director

555Ann Gloag (56) Executive Director

Brian Souter (45), Chairman is responsible Brian Cox (52), Executive Director is Chairman Barry Sealey CBE (63), Non-executive Director Robert Speirs (62), Non-executive Director, for Stagecoach's new business development. of and . He was was appointed in December 1992. He is also a was appointed in March 1995 and is Chairman He is also a board member of Road King also appointed Group Commercial Director in Non-executive Director of South West Trains of the Remuneration Committee. He was Infrastructure. January 1999 to focus on intensifying and Chairman of the Audit Committee. He formerly the Group Finance Director of The integrated transport and other commercial spent the major part of his career with Royal Bank of Scotland Group plc. He is Mike Kinski (47), Group Chief Executive has development opportunities across the Christian Salvesen plc serving as Managing chairman of Direct Line Insurance Limited and overall responsibility for the management of business. Director from 1981 to 1989. He is currently an BellGroupplcandisanon-executivedirectorof all of the group's business operations. He is independent director serving on the boards of CanaryWharfGroupplc,CrystalMediaLimited, also a non-executive director of the Post Barry Hinkley (50), Executive Director is Scottish American Investment Company plc MacfarlaneGroupplcandMartinCurrieIncome Office. Chairman of the UK Bus Division and also and Wilson Byard plc, amongst other andGrowthTrustplc. supports the Group Chief Executive in the companies. Keith Cochrane (34), Group Finance Director a development of the overseas bus division. chartered accountant, is responsible for the Ewan Brown CBE (57), Non-executive Director group's overall financial policy and treasury Ann Gloag (56), Executive Director co-founded since December 1988. He is an Executive management. He is also a director of Stagecoach in 1980 with her brother Brian Director of Noble Grossart Ltd, chairman of , Road King Infrastructure and the Souter. She is currently responsible for Lloyds TSB Scotland plc and Dunedin Income . property management. Growth Investment Trust plc, and a non- executive director of John Wood Group plc and Lloyds TSB.

STAGECOACH HOLDINGS PLC 29