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NFT APPOINTS CHAIRMAN

09/03/07

NFT, the leading provider of time critical distribution services for the food retail and manufacturing sectors, has appointed Gerry Brown as Chairman.

Last August NFT was acquired from Northern Foods by a management buy out led by current Chief Executive, David Frankish and Development Director, Charles Stephens, with backing from Phoenix Equity Partners.

Brown, who is a Fellow of the Chartered Institute of Logistics and Transport (UK), has extensive experience in the logistics sector, having previously held Board level positions with Tibbett & Britten, TDG and NFC (now Exel).

He is also currently a non-executive director for a number of companies including Biocompatibles plc, a medical devices company; Forth Ports plc, a leading player in the UK ports industry; Keller plc, the global construction services group; and Quintiles Transnational Corporation USA, a market leader in providing a full range of integrated product development and commercial solutions to the pharmaceutical, biotechnology and medical devices industries.

On his appointment at NFT, he commented: “I am delighted to be joining NFT at what is an exciting time for the business. It is an extremely successful company, with high calibre management, leading edge IT systems and a client portfolio containing some of the biggest brands in the UK.

“Whilst the company has a proven track record and long standing relationships with its clients in the chilled marketplace, there are still significant opportunities to develop this area of the business with other retailers. There is also major potential to transfer the company’s time critical logistics expertise in the chill chain to frozen food and produce distribution. In addition, there are market opportunities for the company with food manufacturers and food service providers and also to provide services overseas.”

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