Dear Colleague,

We have a strong belief that we can substantially increase our business across all channels in North America.

The Gloster brand is widely respected and, with additional focus and investment, we see great opportunity to build on our success.

We are delighted to announce that Randy Wells will join Gloster America on March 24 in the newly-created post of CEO. He will report directly to Angelo van Tol, chairman of the Gloster Group board.

Randy joins us with over 20 years of experience in and around the furniture Industry. His marketing and brand building expertise along with his energy and drive will serve in further developing our North American business.

Randy will lead and support the Gloster America team of Eric Parsons, president and director of Retail and Trade Sales, Pamela Clark, director of Contract Sales, Philip Behrens, Product Development manager and John Nelson our CFO and COO.

Until now, this role has been one of Charles Vernon's responsibilities but, with his planned retirement, we are making this appointment to provide proper handover and continuity.

We look forward to what promises to be a challenging and rewarding 2014 and beyond.
                         
Angelo van Tol
Executive Board Member

Charles Vernon
Chairman
Executive Board Member