London - 4th June 2009

Tulchan has appointed David Shriver, who has previously held senior roles at Carrefour and was a top-rated City analyst, as a Consultant.

David joined Carrefour, the international retail group, in Paris as Director of Group Financial Communication in 2003 and became strategic advisor to the Chief Executive in 2006. He left the Group in January this year.

Prior to joining Carrefour David spent 15 years covering the food retail sector as a top rated analyst for Credit Suisse First Boston and at NatWest Securities. At CSFB, as a Managing Director in the Equities division, David was co-head of the global retail research group in addition to his responsibilities covering the European food retail sector. He joined CSFB in 1996. Before joining NatWest Securities in 1988, David worked in Mergers and Acquisitions at County NatWest.

Andrew Grant, Tulchan's Founder, announcing the appointment said;

"We are delighted that David has chosen to join us and his appointment continues our policy of hiring senior practitioners into our Consultant team," said Tulchan founder Andrew Grant. "David’s strategic insight, experience of capital markets and his understanding of international financial communications will be of great benefit to our current and future clients."

David Shriver said;

"I am excited to be joining the outstanding team at Tulchan," added David. "I believe that good financial communication is crucial to companies' success, now more than ever, and I am delighted that I can bring my skills and experience to the benefit of Tulchan's clients."