K&C REIT plc announced that Michael Davies has been appointed as a Non-Executive Director of the company with immediate effect. Mr. Davies brings to K&C REIT almost thirty years' experience as a finance professional, working in a range of markets, including real estate in the UK and abroad. Mr. Davies has been providing strategic advice on London capital markets and restructurings for over twenty years, having joined Morgan Grenfell in 1983 before spending seventeen years at UBS Group AG, latterly as head of Group Mergers and Acquisitions.

Mr. Davies will be appointed chairman of the Company's audit committee and will be a member of the remuneration committee.