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Finance Director Appointment

01 Sep 2006

Blackrock International Land plc is pleased to announce the appointment of Philip Halpenny as Finance Director. Philip, a chartered accountant with PricewaterhouseCoopers until 1989, joins the Group from Fyffes plc, where he has held a number of senior positions within the Group, including that of Company Secretary since 1998. He had a close involvement with Fyffes' property activities for many years prior to their de-merger to Blackrock. He has been a non-executive Director of Blackrock since it was set up in May this year.

Commenting on this appointment, Blackrock Chairman, Carl McCann, said:

' We are very pleased with the appointment of Philip Halpenny as Finance Director. His knowledge and experience will be a significant asset to Blackrock in achieving its ambition to grow the company into a substantial, internationally recognised property business.'

4 September 2006

For further information, please contact:

Andrew McLindon, WHPR - Tel: +353-1-669-0030