Senior Management Appointments at NTR


September 04 2008

To coincide with its AGM in Dublin today (Thursday, 4th September 2008), NTR plc announced a number of senior management changes and appointments:

As previously announced, Michael King, Chief Operations Officer since joining NTR plc in 2000, steps down from his role as an Executive Director and from the Board, effective from today’s AGM. Michael has agreed to continue some involvement in NTR plc and will remain on the Board of Wind Capital Group. As announced in June, Anna Pringle also joins NTR as Group Strategic Human Resources Director in a newly created role. Anna joins from Microsoft, where she held various senior HR roles.

Ian Simington has been appointed Managing Director Solar, having served as Group Development Director since March 2007. Prior to joining NTR, he worked for McKinsey & Company as a management consultant in Boston, London and Dublin. Ian is a Civil Engineer and spent his early career in general contracting, before completing a Masters in Business Administration from the Massachusetts Institute of Technology. Ian is also a Director of Headstrong, The National Centre for Youth Mental Health.

Trevor Nash has been appointed CEO, Stirling Energy Systems International, focusing on international solar development. Trevor was most recently Managing Director of Finance, Energy and Power at the Clinton Foundation’s Climate Initiative. He was originally a Civil Engineer for 8 years and subsequently an Investment Banker for 21 years. He lives in London but has also lived and worked in Africa, the USA, Japan and Hong Kong. In his last 9 years as a banker, he worked for Goldman Sachs in Europe and Asia and then ran Lazard’s Energy Advisory practice in London before joining the Clinton Foundation

Rosheen McGuckian has been appointed Group Corporate Development Director. Rosheen was most recently Chief Executive Officer of GE Money Ireland. Prior to joining GE in 2002, Rosheen led the business transformation initiative for Irish utility ESB Power Generation, which was critical in preparing for competition within a deregulated market. Before holding this role, she was a communications consultant for 13 years with Drury Communications, where she was a Director. She was appointed to the Board of Forfas in April 2005. Rosheen holds a PhD in Change Management.

Commenting on the appointments, Tom Roche, Chairman of NTR plc said: “As reported in our 2008 Annual Report, the Group’s transition to becoming an international player in the renewable energy and sustainable waste management sectors took on an added momentum during the past year. These appointments, following the other senior management changes announced in June, reflect the ongoing evolution of our company.”

Jim Barry, Chief Executive of NTR said: “We have been very lucky with the calibre of management within the Group and across each of the Group’s businesses. I believe Ian, Trevor, Anna and Rosheen will play important roles as we move towards our goal of being a significant player in the global renewable energy and recycling markets.”

Issued on behalf of NTR plc by Heneghan PR

Enquiries:

Nigel Heneghan / Rachel Watchorn Heneghan PR Tel: (01) 660 7395

About NTR plc

NTR’s strategy is to be “a Leading International Developer and Operator in Renewable Energy and Sustainable Waste Management”. Consistent with this strategy, NTR is currently engaged in a significant phase of development in renewable energy through its investments in wind energy (Wind Capital Group), solar energy (Stirling Energy Systems), bio-ethanol production (Green Plains Renewable Energy), and in sustainable waste management in North America, the United Kingdom and Ireland (Greenstar). This follows the successful completion of the sale of its interests in the West-Link toll facility and Airtricity Holdings Limited which delivered substantial investment returns for the Company and its shareholders. NTR plc is an unlisted public company and its shares are traded on a grey market operated by the company’s brokers. NTR has operations in Ireland, the UK and the US. www.ntrplc.com

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