Signet Announces Board Changes

Signet Jewelers Ltd., the world’s largest specialty retail jeweler, on Wednesday announced the following changes to its board:

Thomas Plaskett. 64, has joined Signet as an independent director. Since 1991, Plaskett has been Chairman of Fox Run Capital Associates, a private consulting firm. During his career Plaskett has had broad senior international management experience in a number of service and manufacturing businesses and particularly in the airline industry.

Marianne Miller Parrs, 64, has joined Signet as an independent director. She has served on the boards of The Stanley Works and CIT Group Inc as an independent director since April 2008 and 2003 respectively. Parrs has considerable senior international management experience in finance, investor relations, and information technology with International Paper Company.

Lesley Knox, 55, has joined Signet as an independent director. She was a non-executive director of Signet Group plc during 2008. Knox has, since 2004, been Chair of Alliance Trust PLC and is also a non-executive director of HMV Group PLC and of Hays PLC, positions she has held since 2002. She also is, until February 2009, Interim Chairman of HMV Group PLC.

Mark Light, 47, has stepped down from the board of Signet but remains chief executive of the US Division.

“These changes in the composition of the board reflect Signet’s primary listing in the U.S., said Sir Malcolm Williamson (pictured above), Signet chairman. “On behalf of the Board I welcome Tom, Marianne, and Lesley as independent directors of Signet. I am confident that each will provide significant contributions to the Group due to their broad experience. I also thank Mark for his contribution as a Board member and we look forward to working with him as he continues in his important role of leading the US Division.”

Full biographies of all directors are given within the Corporate Governance section of the Group Web site, www.signetjewelers.com.