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FTSE Mondo Visione Exchanges Index:

Irish Stock Exchange Appoints Deirdre Somers As Chief Executive Designate

Date 11/04/2007

The Chairman of the Irish Stock Exchange, David Kingston, has announced the appointment of Deirdre Somers as Chief Executive designate.  The appointment was ratified by the Board of the Exchange at a meeting this morning [Wed], subject to regulatory approval Deirdre will succeed Tom Healy in the role on his retirement on the 30th of June next.

Deirdre Somers [40], a Chartered Accountant, is currently Director of Listing at the Stock Exchange where she is responsible for all public listings including listings by companies, investment funds and specialist securities.

The Chairman of the ISE, David Kingston, said that Deirdre had made an outstanding contribution to the success of the Exchange over the past seven years and that she would provide “dynamic, focused leadership”.

He continued; “The Board is looking forward to working with Deirdre  in the months and years ahead to build on the success achieved to date and to ensure the continuity of the Irish Exchange as a key part of the financial services infrastructure in this country.”

Deirdre Somers said she was honoured to have been selected for the post of Chief Executive; “There are challenges ahead but there are also tremendous opportunities.  It’s a very exciting time to be taking the helm in this industry.  I’m  very much looking forward to this new role and to working closely with the Board and with all my colleagues in the Exchange to ensure our continued success.”