Rentokil Initial plc: Board Announcement

28 Feb 2008

Rentokil Initial today announces that after eleven years as a director and almost four years as chairman, Brian McGowan has decided to step down from the board no later than this year’s AGM on 14th May. A process has already started to find a new chairman with the right credentials.

Doug Flynn, chief executive of Rentokil Initial, said:

“Brian’s decisive action and strong leadership have been of immense value to the board, the company and its shareholders over the last eleven years. He has never been slow to take difficult decisions, demonstrated most notably by his willingness to step up to the mark and take on the role of executive chairman in 2004. More recently, as non-executive chairman, my board colleagues and I have valued his advice and experience through what has been a challenging period. We will all miss him.”

Brian McGowan, chairman, Rentokil Initial, said:

“Rentokil Initial is a world class business with strong brands and powerful capabilities. The last few years have been challenging but Doug and the team can now point to a demonstrable operational turnaround in the vast majority of the group’s businesses. I have enjoyed my time with the group but have decided that the time has come for the board to look for a new chairman to help guide Rentokil Initial through the next stage in its development.”