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David Downes Joins Danka's Board of Directors

4 Jan, 2005

David Downes Joins Danka's Board of Directors

Danka Business Systems PLC announced the appointment of David Downes as a non-executive director to its Board of Directors with effect from January 3, 2005. Downes, who has been the Finance Director of Shanks Group PLC since 1993, will also serve on the Company's Audit Committee.

Shanks Group PLC, which has annual revenues in excess of $1 Billion, is one of Europe's largest independent waste management companies with operations in the U.K., Belgium and the Netherlands. The group employs 4,600 people at more than 120 locations. Downes previously held Finance Director positions with Hunter Saphir PLC, MBS PLC and with the brewing division of Grand Metropolitan PLC. He trained as a management accountant with Chrysler in Detroit before taking up financial management positions in their European operations and then held various controllerships within Air Products Europe. Downes is an engineering graduate of Kings College, London University and obtained his MBA from Stanford University, California. He is also a Fellow of both the Chartered Institute of Management Accountants and the Association of Corporate Treasurers.

"We are thrilled to have David join our Board," said Lang Lowrey, Danka's Chairman of the Board. "He is a seasoned finance executive with tremendous expertise in directing the financial affairs of large, publicly held U.K. corporations. We also are pleased to have David bring his considerable financial experience and independence to our Audit Committee."

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