Copyright 2008 Eidos plc Press Release

[ January 18th 2008 ]

The Board of SCi has today announced a number of changes to its management team and a business review. Jane Cavanagh, Bill Ennis and Rob Murphy have stepped down from their respective positions as CEO, Managing Director, Publishing and Managing Director, Studios and will leave the Company with immediate effect.

Phil Rogers, who joined the Group in March 2007 as Corporate Development Director from Electronic Arts, subsequently becoming Group CFO in September of last year, has been appointed as Chief Executive with immediate effect.

Malcolm Dunne will take over as interim CFO but will not join the Board. He is currently CFO of the Group's US publishing business. The board will look internally and externally to fill this position permanently.

Phil Rogers is leading the business review with the full support of the Board and a small team of senior managers from within the business. In parallel with this review, as was stated in the trading up-date of 9 January 2008, the decision to make changes to the platform and release schedule has required the Company to reassess its working capital needs.

The Company has received proposals from potential partners however the Board continues to examine all funding opportunities which it will determine in due course. It is the Board's intention to report back to shareholders with the findings of its review and update on its financing discussions by the end of February with its Interim Results for the six months ended 31st December 2007.

Announcing these actions, SCi Chairman, Tim Ryan said: 'In Phil Rogers, SCi has a high-quality industry professional, whose past experience will be enormously valuable to the future of the business.

'Led by Phil, the Board has already commenced a root and branch review of the Company's strategy and will report back to shareholders on our findings and recommendations within our clear timetable.

'We have a tremendous pool of talent in our business and some wonderful intellectual property which is globally renowned. The market for games and gaming is strong and growing with huge opportunities worldwide as new platforms and technologies blossom. We intend to take advantage of those strong market conditions.'

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