New FD at SkyePharma is Peter Grant

SkyePharma PLC has announced that Mr. Donald Nicholson is standing down as Finance Directorwith immediate effect and will be leaving the Company to pursue a new phase inhis career. Mr. Peter Grant has been appointed Finance Director in his place.

Peter, 51, is a Chartered Accountant with a MA (Hons), Mathematics from Oxford University. He qualified with the firm of Peat, Marwick, Mitchell & Co. in 1979. With over 25 years of finance and management experience in UK companies, including nine years at listed company board level, Peter brings extensive experience as a Finance Director at Molins PLC, Worldpay Group PLC and Eurodis Electron PLC where he worked as Group Finance Director until January 2005. Most recently, Peter had been interim CEO at Voice Commerce Group, a position he held until May 2006.