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Appointment Of Chief Financial Officer And Resignation Of Head Of Finance

BackJul 20, 2010
The Board of Directors of Cambridge Industrial Trust Management Limited, the Manager of Cambridge Industrial Trust ("the Company"), is pleased to announce that Mr. David Mason has been appointed as Chief Financial Officer of the Company, effective immediately.

Prior to joining the Company, Mr. Mason was a Financial Consultant of YTL Starhill Global REIT Management Limited; advising in relation to various projects including the Malaysia property acquisitions and other financial matters of Starhill Global Real Estate Investment Trust. Mr Mason was also the Senior Vice President, Finance & Accounting when the REIT was formerly known as Macquarie Prime Real Estate Investment Trust and has over 10 years experience in the REIT sector in Singapore and Australia.

Mr Chris Calvert, Chief Executive Officer of CITM, said "We are delighted to welcome David to the CITM team. His deep property experience and strong financial background will add significant value to the Company, particularly where capital and risk management continues to be front of mind".

Mr. Mason holds a Bachelor of Accounting (Accounting & Finance) (Honours) from Birmingham City University and is a Chartered Accountant. He is a member of the Institute of Chartered Accountants in England & Wales and the Institute of Chartered Accountants in Australia.

The Board of Directors is delighted to welcome Mr. Mason to the team.

The Board of Directors of the Company also wishes to announce the resignation of Mr. Jason Kennedy, Head of Finance, with immediate effect; and would like to sincerely thank him for his past services to the Company.

BY ORDER OF THE BOARD

Cambridge Industrial Trust Management Limited
(Company Registration No. 200512804G)
As Manager of Cambridge Industrial Trust

20 July 2010