Appointment of CEO

Fisher (James) & Sons PLC 23 January 2002 23 January 2002 Angus Buchanan Appointed Chief Executive Officer of James Fisher Angus Buchanan, 37, has been appointed Chief Executive Officer of James Fisher and Sons Public Limited Company, the shipping group based in Barrow. Angus joined James Fisher in 1997 from Yarrow Shipbuilding where he was Project Director responsible for the construction of type 23 frigates. He was appointed Managing Director of James Fisher Tankships in January 1998. Ian Serjent, an executive director of James Fisher, has been appointed Marine and Technical Services Director. A qualified engineer, Ian has a wealth of experience covering 30 years in operational management, the offshore industry and ship construction and conversion. Before joining James Fisher in 1984, he was employed by Alfred Holt and Company and Coe Metcalf Shipping Limited. Commenting, Tim Harris, Chairman of James Fisher, said: 'These two appointments reflect the considerable operational and technical strength of James Fisher in marine services which form a sound base for the future commercial success of the Company.' At the same time Anthony Cooke, 60, has joined the board as a non-executive Director. Anthony has wide experience in commercial shipping, having been responsible for the management buy-out of Ellerman Lines Plc in 1985 and its subsequent sale to Trafalgar House in 1987. Recently he was Chairman of Andrew Weir Shipping Limited and was President of The Chamber of Shipping in 1997. He is currently a director of The Baltic Exchange and Vice President of the Institute of Chartered Shipbrokers. Meanwhile Sir Julian Oswald and Jeremy Hodgson have retired from the Board as non-executive Directors. Press Enquiries: Tim Harris Chairman James Fisher and Sons Public Limited Company Tel: 020 7338 5808 Issued on behalf of James Fisher and Sons Public Limited Company by Tavistock Communications Limited (Contact: Keith Payne, tel: 020 7600 2288). This information is provided by RNS The company news service from the London Stock Exchange