MEA Medsea Estates

RNS Number:3440I
Medsea Estates Group PLC
23 November 2007



                            Medsea Estates Group plc
                          ("Medsea" or "the Company")

                               Board Appointment

Medsea Estates Group plc (AIM: MEA), the Mediterranean-based property group, is
pleased to announce the appointment of Neil Emmet Craven as a non-executive
director with effect from 1st December 2007. Mr Craven holds 1 million shares in
the Company representing 1.3% of the issued shares.

Neil Craven, 39, has many years' experience at senior management levels in
telecommunications and fund management. He was part of the founding management
team of Carrier1 International S.A., a NASDAQ-listed pan-European provider of
telecoms services to internet service providers and other telecom companies
where he served as vice-president in charge of business development from 1998 to
2003. During this time, he was also responsible for the pan-European broadband
business and for capital expenditure across the group. In 2003, he moved into
fund management and from late 2004 to the end of 2006 he was a partner in a
Swiss-based asset management and corporate finance boutique where he was
responsible for establishing and managing a hedge fund focussed on special
situations and small cap equities. He is currently a private investor focusing
on small-cap equities.  He holds a degree in computer engineering from Trinity
College Dublin and an MBA from the Rotterdam School of Management.


                                    - Ends -


For further information:
Medsea Estates Group plc
Tony Gatehouse, Chairman                                  Tel: +34 96 570 40 02
Juan Carlos Rodriguez Martinez, Chief Executive

HB Corporate
Edward Hutton / Rachel Kane/Imran Ahmad               Tel: +44 (0) 20 7510 8600

Media enquiries:
Threadneedle Communications
Alex White/Josh Royston                               Tel: +44 (0) 20 7936 9665



Appendix re AIM Rules requirements:

In the last five years, Mr Craven was a partner of Azemos Partner AG (October 
2004 to December 2006) and managing director of Carrier1 International GmbH 
("GmbH"), the Swiss subsidiary of Carrier1 International S.A (January 2002 to 
February 2003). He was appointed to the latter role shortly before GmbH filed 
for protection from creditors resulting from Carrier1 International S.A.'s 
filing for insolvency in February 2002. In that role, he led the liquidation of 
the group's assets and businesses as well as the reduction of its liabilities. 
The insolvency resulted from the inability of Carrier1 International S.A. (for 
technical reasons under Luxembourg law) to proceed with a financial 
restructuring with bondholders.

There is no further information to disclose in accordance with Schedule Two (g) 
of the AIM Rules.




                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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