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Evan Davies Appointed To CER Group Board

14 November 2007

Evan Davies Appointed To CER Group Board

CER Group today announced the appointment of Evan Davies as non-executive director.

The appointment supports CER Group’s focus on trans-Tasman growth, following the acquisition in September of Australian sustainable environmental management company Vital Resource Management. CER Group is committed to the acquisition of proven businesses that provide capital growth opportunities and deliver natural products that contribute to environmental sustainability. It also owns The New Zealand Nature Company, a multi-channel retailer of natural products and Certified Organics, which produces ecologically friendly products for agriculture and horticulture and is a significant supplier to the South Australian Government.

Wayne Cartwright, Group Chairman, says Mr Davies’ experience in taking SKYCITY from a start-up one-site leisure and entertainment operator into one of New Zealand’s largest and most diversified trans-Tasman operations was a key factor in the appointment.

“Mr Davies has a strong track record in driving business growth over a long period of time and we believe that will be very valuable to us. His commercial expertise, business contacts on both sides of the Tasman and experience in progressively building a company from start-up through significant development is an ideal fit for CER Group,” Dr Cartwright says.

“Mr Davies will play a pivotal role in the future direction of the CER Group as we continue to build the momentum of the business domestically and through our international acquisition strategy.”

Mr Davies said the appointment was in line with his long-held interest in sustainability. In 2001, as Chair of the New Zealand Tourism Strategy Group, Mr Davies sought to balance tourism industry growth against cultural, social, environmental and economic sustainability.

“Sustainability has been a particular private interest of mine so I am delighted with the opportunity to now pursue this in a wider strategic sense and work with a Group that is committed to sustainability at the core of its businesses,” Mr Davies says.

Mr Davies is a trustee of the Anglican Trust for Women and the Melanesian Mission Trust.

- Ends -

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