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Tuesday 5 Sep 2006

BELL POTTINGER APPOINTED TO SUPPORT NETWORK RAIL FINANCIAL PR EFFORT

Region & Route:

National

Network Rail has appointed Bell Pottinger to support the company with its financial PR following a three month review process. Network Rail recently announced that it intends to cease using its government guarantee to raise debt, and in the next couple of years will begin to raise money on normal commercial terms. The Bell Pottinger team, led by Deputy Chairman Charles Cook, will support Network Rail as it prepares for this important change, as well as advising the company on wider strategic issues. Bell Pottinger replace Financial Dynamics, who had been working with Network Rail for the previous four years. Victoria Pender, Group Director Government & Corporate Affairs, said: “We’re delighted to bring Bell Pottinger on board. By marrying the qualities they have demonstrated through the pitch process with our in-house expertise, we feel Network Rail has a really strong team. “I would also like to thank Financial Dynamics for their work with us over the last four years. They have made an important contribution to the development of the company, and we are very grateful for their work.”