EDDIE GRAHAM TAKES OVER AS ACCOUNT MANAGER FOR THE UK (COMMERCIAL MORTGAGES)AT STATE SECURITIES

Stuart Skinner, State Securities Commercial Mortgage representative for the south of England, has moved across to the Asset Finance team within State Securities. Eddie Graham, Account Manager for the UK (Commercial Mortgages), will be taking over most of Stuarts old area. Eddie is a very experienced member of the Commercial Mortgage team, having been with State Securities for over 2½ years.

Eddie commented, Im looking forward to building on the relationships Stuart has already paved. His enthusiasm and sense of fun has been highly effective in the building of a strong base of introducers throughout the south of England. I am confident I can continue to grow and develop commercial mortgage business in this area".

The move for Stuart offers a step for him to broaden his skill set and understanding of commercial finance and a chance to increase his product knowledge and experience within the broker and customer arena.

The Commercial Mortgage team can be contacted as follows:

e-mail: mortgages@statesecurities.plc.uk

Tel:    Eddie Graham -- 07802 847186
   Martin Thurlby -- 01489 775633
   Anne Glasbey -- 01489 775640

ENDS

State Securities provides commercial mortgage finance or re-finance on industrial, commercial, retail and office premises for owner occupation or investment (buy to rent). Sub-prime, new starts and financially challenging credits are our speciality. Clients include public and private limited companies, partnerships and sole traders. Such finance can be provided in conjunction with asset finance and the Small Firms Loan Guarantee Scheme.

State Securities has over 20 years experience in the asset financing market and is part of the Abbey National Group.

www.statesecurities.plc.uk