Julia Wilson to be new FD at 3i

3i Group plc has announced that Julia Wilson, the Group’s Deputy Finance Director will join the Board on 1 October 2008 as Finance Director Designate. She will succeed Simon Ball who has decided to resign as Finance Director, and he steps down from the Board with effect from 30 November 2008.Julia Wilson joined 3i in January 2006 as Deputy Finance Director, with responsibility for the Group’s finance, taxation and treasury functions. She was previously Group Director of Corporate Finance at Cable & Wireless plc which she joined in 2000.

Commenting, Simon Ball said:

“I am very proud of what we have achieved at 3i over the last four years and the time is now right for me to take on some new challenges. I’m delighted for Julia and wish both her and 3i every success for the future.”

Baroness Hogg, 3i Chairman said:

“I am delighted that Julia is joining the board. She makes an excellent successor to Simon who has served the company well.”

Philip Yea, 3i’s Chief Executive, added:

“Simon has made a significant contribution to the reshaping of 3i. I am sorry to see him leave but understand his decision to seek new challenges, and would like to take this opportunity to thank Simon and wish him continued success in the future.”