New Director Appointment

13 Nov 2001

3i Group plc announces the appointment of Mr Fred G Steingraber as a non-executive Director of the Company with effect from 1 January 2002.

Mr Steingraber (aged 63) is Chairman Emeritus of A.T. Kearney Inc., of which he was Chairman of the Board and Chief Executive Officer until 2000. Mr Steingraber is also a director of Maytag Corporation and John Hancock Financial Trends Fund and a member of the Supervisory Board of Continental AG, having worked in Germany for nine years.

There are no other details required to be disclosed in accordance with paragraph 16.4 of the London Stock Exchange's Listing Rules.