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STATEMENT REGARDING OUR STADIUM PROCESS

STATEMENT REGARDING OUR STADIUM PROCESS

Press Release 01/07/2011

It has come to our attention that an employee of the Olympic Park Legacy Company has been undertaking paid consultancy work for West Ham United FC. The Company had no knowledge of this work and no permission was given to undertake it. This individual had no involvement whatsoever in our Stadium process.

The individual concerned had declared a personal relationship with an employee of West Ham United FC when she joined the organisation and we therefore put robust measures in place to ensure our Stadium process was not compromised. The Stadium team has been based at our law firm Eversheds’ offices in the City and only the Stadium team had access to information about the bids.

As soon as this new information came to light the Company took immediate action and launched an independent investigation. The employee has been suspended pending the outcome of this.