02.04.02

Porterbrook Leasing Company Limited is pleased to announce the recent appointments of Jonathan Sweetman, Jonathon Williams and Mark Merryweather.

Jonathan Sweetman assumes the position of Finance Director. He was formerly Divisional Managing Director (Operations) of Lombard Corporate Finance.

Jonathon Williams joins the company as Head of Legal and Compliance. Jonathon was previously Legal Advisor for Bombardier Transportation in Derby.

Mark Merryweather joins the Commercial Team as Commercial Manager. Mark was formerly Commercial Manager for new rolling stock at Alstom Transport in Birmingham.

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Contacts:

Karen Jackson
Porterbrook Leasing Company Limited
Tel: 01332 263224

Note to Editors:
Porterbrook Leasing Company Limited ("Porterbrook") is a leading player in the UK rail leasing market. Porterbrook has a rolling stock fleet of over 5,500 vehicles on lease or on order, which includes about 4,000 passenger vehicles. These are supplied under operating leases to 18 of the 25 train operating companies (TOCs) within the UK. The company also provides ongoing train and tram maintenance services. Porterbrook has been highly successful in winning new train orders since privatisation, with over £1.3 billion in new business won - investing in over 1,300 new passenger vehicles and over 1,100 new freight locomotives and wagons, and in the refurbishment of much of its in-fleet equipment. In April 2000 the Porterbrook group of companies was acquired by a subsidiary of Abbey National Treasury Services plc, part of Abbey National Group.