Ocado Group PLC announced that the Board has appointed Sir. Stuart Rose as an independent Non-Executive Director and Chairman Designate with effect from March 11, 2013. Sir.

Stuart will become Chairman following the company's Annual General Meeting on May 10, 2013. Lord Grade will retire as a Non-Executive Director and as Chairman on that day. Separately, the company announced that Wendy Becker has informed the Board of her decision to stand down as a Non-Executive Director of the company with immediate effect.

Douglas McCallum will be appointed Chairman of the Remuneration Committee in place of Wendy as of that date.