Retirement of Director

25 May 2004

GUS plc announces that Lord Harris, a non-executive director of the company since 1986, will be retiring from the Board at this year's Annual General Meeting.

Sir Victor Blank, Chairman of GUS, said:

“During his time, he has been a tremendously wise counsellor on a range of business issues, particularly the management of change over the ten years since the enfranchisement of the company's non-voting shares. We owe him an immense debt of gratitude and wish him well for the future."