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Bretagne-Angleterre-Irlande S.A. / P&O

current item indicator  Disclosures of Interest

Disclosure of member’s interest and staff members’ interests

Members

Professor Paul Geroski, the Chairman of the Competition Commission (CC), has appointed Dame Barbara Mills, and Mr John Collings, Members of the CC, to join the group that will be conducting this investigation.

Dame Barbara's husband is the majority shareholder and managing director of John Mills Ltd (JML), a company which imports household, DIY and assorted products into the UK for sale here or for export to other jurisdictions. As part of the business, JML uses ferry and ocean shipping services, though selection and appointment of shippers is managed by independent shipping agents, Davies Turner Ltd. JML does not use ferry services in the Western Channel. Dame Barbara is not and has never been a shareholder or director of JML.

Mr Collings’s wife is the senior employee of an international executive recruitment firm which serves clients across a wide range of industries. Within the past two years the firm has undertaken assignments for two clients involved in the supply of ferry services in the Western Channel. During that period it has also undertaken assignments for a freight customer of those services. These assignments have not accounted for a significant proportion of the firm’s total fee income. None of her personal workload has been undertaken for clients involved in the supply of ferry services.

The Commission is satisfied that the matters disclosed above will not affect Dame Barbara Mills’s or Mr Collings’s ability to act independently and impartially in discharging the CC’s functions in this inquiry.

Staff

Chris Walters, the economic adviser to the inquiry group worked as a senior consultant for Lexecon for three years until July 2003. During that time Lexecon worked on the merger between P&O Princess Cruises and Royal Caribbean Cruises. He was not involved in that work. While at Lexecon he worked for a client engaged in short-sea shipping of chemicals in European waters.

Graham Brodrick-Webb, the accounting adviser to the inquiry worked for RSM Robson Rhodes until July 2003. He understands that the consultancy department was involved in some strategic review work for P&O but is unaware of the nature of the work and had no involvement in the project.

The CC does not believe that the matters disclosed above in relation to the members of staff will affect their ability to act impartially and independently in advising the Group.

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