Aviva's offer for RAC goes unconditional and announces new MD

Article date: 4 May 2005

Aviva plc has today announced that the terms of theirrecommended Offer for the issued and to be issued ordinary sharecapital of RAC plc has been declared unconditional in allrespects.

Simon Machell has been appointed as Managing Director of RAC plcwith immediate effect. Simon is Customer Services Director ofNorwich Union Insurance Ltd (Norwich Union is a wholly-ownedsubsidiary of Aviva plc). He joined Norwich Union 11 years ago andbecame a director in 1998.

Andrew Harrison has relinquished the role of Chief Executive andremains on the Board of RAC plc for a further six months in anadvisory capacity. Otherwise, the current responsibilities of RACplc's existing directors are unchanged; the Executive Directorswill report to Simon Machell.

Patrick Snowball, an Executive Director of Aviva plc and ChiefExecutive of Norwich Union together with Mark Hodges, FinanceDirector of Norwich Union are also joining the RAC plc Board withimmediate effect as non-independent, non-executive directors.

In accordance with Chapter 16.4 of The Listing Rules, there areno further details required to be disclosed under paragraph6.F.2(b) to (g).

Contact:
Neil Lovell
Director of Corporate Communications RAC plc
RAC House
Boston Drive
Bourne End
Buckinghamshire SL8 5YS
Tel: 01628 843728
Mob: 07768298636

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