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Jones appointed CFO

Officer. Mr. Jones will be responsible for the overall financial management and information and technology functions of the company.

Mr. Jones graduated from Longford College in accounting and went on to get his CPA designation in 1993.

Mr. Jones previously worked for the Bank of Bermuda corporate trust division for four years. Before this he worked at Price Waterhouse/Grey & Kempe as a senior auditor.

"I am very pleased to be working with the group and am looking forward to an exciting challenge,'' said Mr. Jones.

President and Chief Executive Officer of HWP Jonathan Brewin said he was delighted that Mr. Jones had joined them.

He said: "His fresh vision combined with proven abilities in team development will assist us greatly in the continued strengthening of the financial management of the company.'' HWP Group employs more than 200 people working in its car sale rooms, household appliance shops and service stations.

*** BUSINESS BUC