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Mark Preston

Mark Preston has taken over as Group Chief Executive. Peter Vernon succeeds him as Chief Executive of Grosvenor Britain & Ireland.

Global Outlook - July 2008

Global Outlook: Oil Prices, Inflation and Real Estate

Board

Our management team has a successful track record of achievement. Its strengths include sourcing investment opportunities, active asset management and the ability to establish strategic operating partnerships. We have an active Board that oversees all strategic decisions for Grosvenor Continental Europe. The Board is chaired by Tony Wyand.It is composed of nine members, four of whom are executive directors.

Benoit Prat-Stanford

Benoît Prat-Stanford
 Finance Director

Benoît Prat-Stanford joined Grosvenor in 2000. He has worked for Arthur Andersen and the American company United Technology Corporation. He has lived and worked in Paris, Boston, Rome, Brussels and London. He is a non-Executive Director of Sonae Sierra SGPS. Age 42.