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2 August 05
NEW CHIEF FINANCIAL OFFICER FOR THE UNITED KINGDOM ATOMIC ENERGY AUTHORITY
Andrew Jackson has been appointed Chief Financial Officer of the United Kingdom Atomic Energy Authority and a member of the Board. Mr Jackson joins from Alfred McAlpine plc where he is a senior financial executive. He succeeds Paul White who is retiring from UKAEA. Andrew will take up his post on 1 September 2005.

UKAEA is a world leader in nuclear decommissioning and site restoration and in fusion research.

Andrew Jackson, 54, has considerable senior level experience of financial management in the civil engineering industry. He joined Alfred McAlpine in 1994 as Finance Director of its Civil Engineering Division and has subsequently held several senior finance executive positions in the company as the group expanded beyond its traditional construction markets.  Previously he was Chief Financial Officer and Director at Bovis
International before moving to Norwest Holst Construction Ltd in 1991 as Finance Director.

Welcoming the appointment, the Chairman of the United Kingdom Atomic Energy Authority, Mrs Barbara Thomas Judge, said: “The UK Atomic Energy Authority has established a reputation for nuclear decommissioning that is second to none in Europe. Andrew brings to us an impressive track record of financial and commercial experience in a major civil engineering company. These qualities will be particularly valuable as we prepare to compete for our existing and other UK decommissioning site contracts as well expanding our business into other nuclear and non-nuclear markets.”

Chief Executive, Dipesh Shah, added: “We now have the opportunity to exploit our know-how in decommissioning to operate as a vibrant new British company. To achieve our ambitions we require the highest level of financial skills and I am sure that Andrew is the ideal choice to succeed Paul White in this key role.”

Background Notes
UKAEA is a Non Departmental Public Body charged with decommissioning its former research sites at Dounreay, Windscale, Harwell, and Winfrith and maximising the income from its land and buildings. UKAEA also implements the UK’s fusion programme, including management of the international JET facility at Culham.

UKAEA has fully decommissioned 14 out of its 26 research reactors; restored large areas of contaminated land; regenerated Harwell and Winfrith as centres for science and technology; reduced the timescale for decommissioning its nuclear sites by well over 50% for some sites; and in
ten years almost halved the level of its nuclear liabilities estimate from £8.4 billion in 1994 to £4.8 billion in 2004.

UKAEA’s turnover in 2003/04 was £407 million of which £308 million was placed with external organisations. UKAEA has a staff complement of 2,400.
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