Directorate Change

RIT Capital Partners PLC
14 March 2007


                    RIT Capital Partners: Directorate Change


The Board of RIT Capital Partners ('RITCP') plc announces the resignation from
the Board of Baron Lambert with effect from today. He has served on the Board of
RITCP and its Committees since 1988. The Board wishes to thank him for the
substantial contribution that he has made.


RITCP is pleased to announce the appointment of John Elkann as an independent
non-executive director also with effect from today. Aged 30, Mr Elkann is Vice
Chairman of IFIL, the Agnelli family investment company and is also Vice
Chairman of Fiat Group.



John Elkann: Biographical details


John Elkann was appointed Vice Chairman of Fiat Group in 2004 (board member
since December 1997).


Born in New York in 1976, Mr Elkann obtained a scientific Baccalaureat at the
State School Lycee Victor Duruy in Paris, and graduated in Industrial
Engineering at the Politecnico University in Turin, Italy.


While at university, he gained work experience in various companies of the Fiat
Group, in manufacturing in UK and Poland and in sales and marketing in France.


He started his career in 2001 at General Electric as a member of the Corporate
Audit Staff, with assignments in Asia, the US and the EU.


In 2003 he joined IFIL as an investment manager and worked on the relaunch plan
of Fiat Group. He was appointed Vice Chairman of IFIL in February 2006.


He is also Chairman of Itedi (publisher of La Stampa), Board member of RCS
Mediagroup and Banca Leonardo.


John Elkann also serves as Vice Chairman of the Italian Aspen Institute, the
Italy-China Foundation and the Giovanni Agnelli Foundation.



Additional disclosures relating to Mr John Elkann, as required under Chapter 9
of the UKLA Listing Rules:


1. Mr Elkann is a current director of the following publicly quoted companies:

•         FIAT Group SpA

•         Ifil Investment SpA

•         Ifi SpA

•         Rizzoli Corriere della Sera


2. There are no details requiring disclosure under paragraphs 9.6.13 R of the
UKLA Listing Rules.


3. There are no disclosable interests in the ordinary share capital of RIT
Capital Partners plc held by Mr Elkann.



C J Wise, for Corporate Company Secretary of RIT Capital Partners plc, tel: 020
7493 8111.

                                                                   14 March 2007



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