ARX Aerobox

RNS Number:5189F
AeroBox plc
03 July 2006

3 July 2006

                                  Aerobox plc

                        Appointment of Finance Director

Aerobox plc is pleased to announce the appointment of Jeremy Knight to the Board
as Group Finance Director with immediate effect.

Jeremy qualified as an accountant with the Kimberly Clark Corporation then spent
the early part of his career working in senior roles within the finance
departments of a number of multinational corporations. In 2001 he was recruited
by AIM listed Clipper Ventures Plc as Operations and Finance Director where he
was responsible for the successful acquisition and integration of a number of
companies, project managed a major capital project in China and saw the share
price increase from 8p to 32p per share.

Commenting on the appointment, Ray Gibbs, Managing Director, said:

"I am delighted that Jeremy has agreed to join us. The Group is in a
transitional period as we start to commercialise the thermoplastic platform
technology across a number of markets, and his wide financial and commercial
experience will be a real asset to the Group."

Jeremy added:

"I am very pleased to be joining Aerobox at such an exciting time and look
forward to assisting in the development of the Group as it becomes a pre-eminent
producer of thermoplastic technology solutions to a number of industries."

Jeremy Matthew Knight BA (Hons), MBA, ACMA, aged 43, is currently a director of
Corellen Limited and within the last five years has been a director of Clipper
Ventures plc, Clipper Ventures Online Limited, Grand Prix of Ocean Racing
Limited, and Zapcat Racing Limited.

Enquiries:

Ray Gibbs, Group Managing Director                AeroBox plc                 +44 20 7929 5599
Trevor Phillips, Mark Longson                     Holborn                     +44 20 7929 5599
Jeremy Porter                                     Seymour Pierce              +44 20 7107 8000


Notes to Editors

The AeroBox air cargo container is the result of a decade of research and
development into composite structure panels. The strength and thermal resistance
of the AeroplazTM thermoplastic composite panels enables AeroBox to develop
custom made solutions for a wide range of applications in the aviation,
automotive and other industries. The unique construction of AeroplazTM provides
for improved strength and durability that can reduce costly repairs by over 90%
as well as improving reliability, utilisation and safety. The 1,600 AeroBox
containers now in operational use have flown over 125,000 flights in commercial
airlines around the globe, with the repair rate running at less than 50% of the
attrition rates of traditional aluminium boxes.




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