Real Estate Credit Investments appoints John Hallam to the Board as Independent Non-Executive Director

– GUERNSEY, St Peter Port – Real Estate Credit Investments PCC Limited (LSE:RECI) is pleased to announce the appointment of John Hallam as an independent non-executive director with immediate effect.

John Hallam has long experience of the financial services industry having previously been a partner in PricewaterhouseCoopers specialising in that area. He is currently the Chairman of NB Distressed Debt Investment Fund Ltd as well as being a director of a number of other companies in the investment sector, some of which are listed on the London Stock Exchange. A full listing of his current and recent directorships is set out below; these past positions include acting as Chairman of Cazenove Absolute Equity Ltd, Dexion Absolute Ltd and Prodesse Investment Ltd. In addition, he has also had a number of involvements in industry and community bodies including being a former Chairman of the Guernsey Financial Services Commission.

Bob Cowdell, Chairman, commented: “I am pleased to welcome John, who will be a valuable addition to the Board. We look forward to benefiting from his broad experience of investment funds and contribution to the future development of the Company.”

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