RE: Chief Executive Succession

NWF Group PLC 24 September 2004 For immediate release: Friday 24 September 2004 ANNOUNCEMENT RE: CHIEF EXECUTIVE SUCCESSION NWF Group plc ('NWF'), the diversified sales and distribution business, announces that due to ill health, Mike Guest will no longer be assuming the role of Chief Executive with effect from 1 December 2004 as previously announced. As a result of this unexpected change to succession planning Graham Scott will continue as Chief Executive, until a new replacement is in place, delaying his planned retirement. Graham Scott Chief Executive, commented 'The Board regrets to announce that due to ill health Mike will no longer be able to succeed me as Chief Executive as previously planned. We have now begun the search for an alternative replacement and will make a further announcement when we have decided upon the right candidate. In the meantime, with the support of the Board, I will continue in my role as Chief Executive for as long as it takes to find a new successor and to facilitate a smooth hand over of responsibilities. Everybody at NWF wishes Mike a speedy recovery.' NWF also announces that Keith Forster will be appointed as the new Managing Director of Boughey Distribution, with effect from 1 October 2004, two months earlier than previously announced. For further information please visit www.nwf.co.uk or contact: Graham Scott, Chief Executive John West/Claire Melly NWF Group plc Tavistock Communications Tel: 01829 260 260 Tel: 020 7920 3150 This information is provided by RNS The company news service from the London Stock Exchange