Further boost to SG Hambros’ regional private banking team

Melanie Satterthwaite and Duncan Shimmin join from ABNAmro.

SG Hambros Bank Limited, the wealth management group, part of SG Private Banking, is pleased to announce two key appointments to their UK regional private banking team. Melanie Satterthwaite and Duncan Shimmin join the team as senior private bankers.

Melanie Satterthwaite joins from ABN AMRO, having previously been a Director, Client Relationship Management with Swiss Bank Julius Baer where she was responsible for developing the bank’s UK private client base outside Switzerland. She has had extensive experience in the field of private banking and investment management, including seven years at Credit Suisse, five years at Deloitte and six years with Kleinwort Benson Private Banking. Her role at SG Hambros will involve developing the Bank’s presence, services and offering in the North of England.

Duncan Shimmin joins the team from ABN AMRO. He has spent the majority of his career advising clients in the North of England and has gained valuable experience of the local market, trends and issues. During his career he has also worked at Deloitte, Proact and Wise Speake.

The appointments of Melanie and Duncan will add to the existing team of Bev Smalley and Chris Perkins who have been covering the Yorkshire area for more than four years.

Commenting on the new appointments, Warwick Newbury, Chief Executive Officer of SG Hambros, said: “We are delighted to announce the appointment of Melanie and Duncan to our already thriving regional private banking team. Our plans for regional expansion are progressing well, and we are sure that both Melanie and Duncan complement with the existing team in the North of England.”

For further information, please contact::

Alexandra O'Sullivan
Group Marketing and Communications Manager
SG Hambros Bank Limited

Tel: + 44 (0) 20 7597 3029
E-mail: alexandra.osullivan@sghambros.com

Registered in England No. 964058
Authorised and regulated by the Financial Services Authority

NOTES FOR EDITORS

SG Hambros

SG Hambros, part of SG Private Banking, is a private bank providing a comprehensive wealth management service. Through private bankers it provides investment management, financial planning, trust and banking services to some 11,000 clients. The SG Hambros Group employs more than 400 people and manages over £5 billion of assets under management from its offices in the UK , Guernsey , Jersey , Gibraltar and The Bahamas. www.sghambros.com

SG Private Banking

SG Private Banking, with offices in 21 countries, is among the market leaders in France , and has a strong presence in the United Kingdom , Luxembourg , Switzerland , Belgium . In Asia , SG Private Banking ranks among the top 10 players.

Almost 1875 professionals manage EUR55.1 billion in assets for around 75,000 clients ( June 2005). SG Private Banking's growth strategy is based on a business model that encompasses a global approach to client requirements through financial advice and asset engineering. It offers clients a broad range of sophisticated products and services that cover differing needs and include the best products available on the market, based on an open structure. www.sgprivatebanking.com

Société Générale Group

Société Générale is one of the largest financial services groups in the euro-zone. The Group employs 92,000 people worldwide in three key businesses:

•  Retail Banking & Financial Services: Société Générale serves more than 17 million individual customers
worldwide.

•  Global Investment Management & Services: Société Générale is one of the largest banks in the euro-zone in terms of assets under custody (EUR 1,180 billion, March 2005) and under management (EUR 326 billion, March 2005).

•  Corporate & Investment Banking: SG CIB ranks among the leading banks worldwide in euro capital markets, derivatives and structured finance.

Société Générale is included in the four major socially-responsible investment indexes. www.socgen.com