RICARDO PLC BOARD APPOINT DAVID HALL AS NON-EXECUTIVE DIRECTOR
10 March 2006 - Ricardo

As a long-standing former senior vice president of the Boston Consulting Group, David Hall will bring considerable and complementary skills to the senior management team of Ricardo plc,

Hall will provide valuable advice and guidance in the development of the company’s strategic consulting business

With Masters Degrees awarded by both Cambridge University and the London Business School, Hall spent the first two years of his career with Morgan Grenfell & Co Ltd working in the area of specialist banking and asset management. He subsequently spent the next 27 years with the internationally respected Boston Consulting Group (BCG) at its offices in both London and the USA. A key member of BCG’s senior management team he was appointed senior vice president in 1988, a position which he held until his retirement from the company in 2000. During this time he split his responsibilities between general management duties and assisting in the development of the group’s activities in Europe, the USA and the Asia-Pacific region as a member of the firm’s Worldwide Executive Committee. He also contributed significantly to the growth of BCG’s financial consulting business which he built to a position where it contributed approximately 25% of group revenues. Since leaving BCG Hall has been appointed as Chairman of the Financial Service Compensation Scheme and has advisory directorships of a number of commercial organisations.

A committed automotive enthusiast, Hall spends much of his spare time racing his 1954 Jaguar XK120 fixed head coupe, winning in his class in the 2005 season.

Commenting on the appointment of David Hall, Ricardo CEO, Dave Shemmans, said:

''The considerable insights into the international management consulting sector that David Hall brings to his new role with Ricardo plc will be particularly valuable to the company. Given the continued expansion and increasing importance of our own management consulting business, Ricardo Strategic Consulting, I am sure that he will make a significant contribution to the future development of Ricardo plc.''

www.ricardo.com

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