Got out before the finals announced.ASX ANNOUNCEMENTA.B.C....

Got out before the finals announced.

ASX ANNOUNCEMENT
A.B.C. LEARNING CENTRES LIMITED (ASX:ABS)
BOARD AND MANAGEMENT CHANGES
A.B.C. Learning Centres Limited (“ABC”) has today announced that Eddy Groves and
Dr. Le Neve Groves will be immediately leaving all Board and Management positions with
the Company.
Mr Rowan Webb has been appointed interim Chief Executive Officer with effect from 1st
October 2008. Rowan is the former Managing Director of Colorado Group, the Brisbane
based retailer and was a member of Colorado’s management team for over 11 years. A
search for a permanent CEO will commence immediately.
Peter Trimble, the newly appointed Chief Financial Officer, will assume his responsibilities
once the 2008 financial accounts are finalised. Matthew Horton, General Counsel and
Company Secretary will join the Board on an interim basis.
Commenting on the announcement, ABC Chairman David Ryan said:
“I would like to sincerely thank Eddy and Le Neve for their contributions to the business over
20 years.”
We are fortunate to have someone of Mr Webb’s calibre joining ABC at this time. The Board
and senior management will work closely with Rowan to ensure an orderly transition.
Rowan has the right management and operational expertise to drive improvements in the
performance of our core Australia and New Zealand business and will be supported by Peter
Trimble, our incoming CFO.”
Contacts:
Investors and Analysts
Andrew Barber, General Manager Corporate Affairs
07 3908 2594
Media enquiries
Lisa Keenan Kate Inverarity