Director Declaration

For immediate release 4 July 2005 Panther Securities PLC ('Panther' or 'the Company') Director Declaration Further to the announcement on 26 April, 2005 of the appointment of John Perloff, Simon Peters and John Doyle as directors of the Company ('the New Directors') with effect from 1 July, 2005, the New Directors have each confirmed that no information is required to be disclosed pursuant to paragragh LR 9.6.13R of the Listing Rules Instrument 2005. For further information: Andrew Perloff, Panther Securities PLC: 020 7278 8011