GON Galleon Hldgs

RNS Number:5462A
Galleon Holdings PLC
29 March 2006


                            Galleon Holdings plc 
                        ("Galleon" or the "Company")

                           Appointment of Director


Galleon Holdings plc, the intellectual property owner and developer in the
children's entertainment sector, is pleased to announce the appointment of David
Wong as Executive Chairman, with immediate effect.

David Wong is an entrepreneur and private equity specialist who has experience
and a successful track record in growing businesses in both the medical and
multi media sectors. Currently he is Chairman of AIM listed medical products
group, Medisys PLC. Recently, through investment fund, Imagination Holdings
Limited, he has been investing successfully in the children's entertainment
sector and has built a wide portfolio of investments in the multi media area.

The Company announces today the resignation of Executive Chairman, James
Driscoll MBE. The Board would like to thank him for his support.

Stephen Green, Chief Executive, commented,

"David's talent and experience both in the development and exploitation of
intellectual property in the children's sector and with public companies will be
of great benefit to Galleon. We look forward to working with him."

David Wong said,

"Galleon has two interesting IP divisions in Galleon Entertainment, which
focuses on Entertainment IP and Croco, which focuses on product IP. Both are
poised to enter a period of exponential growth. Croco now has clients that
include the largest snack and beverage manufacturers in the world and the
entertainment division has a balanced portfolio of brands with strong
sustainable revenue from global channels. I am very pleased to be joining a
young and talented team that is totally focused on becoming a major force in
the children's IP sector."

For further information please contact:

Stephen Green         Galleon Holdings plc                020 8742 3636
Chief Executive

Ben Simons            Hansard Communications              020 7245 1100
Adam Reynolds

David Wong, aged 52 is a Director of Imagination Holdings Limited, which is
wholly owned by a Trust and holds 14,542,409 Ordinary Shares in Galleon Holdings
plc, representing 29.41% of the issued share capital of the Company.

David Wong's current and previous directorships and partnerships over the past
five years are as follows:

Current                                    Past
Medisys PLC                                TripleArc Plc
Imagination Holdings Limited               Sosei Co Limited
Imagineire Limited                         Hypoguard America Limited
Mystical Productions Limited
E-Ven Holdings Limited
E-Ven UK Limited

This announcement contains all the information that is required to be disclosed
under the AIM rules.




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

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