Naim Attallah

In our issue of 4 May 1995 we published an article under the headline "Attallah loses battle at Asprey".

We regret that this article and the cartoon in the "City Diary" column gave the impression that Mr Naim Attallah had been sacked as a Director and Group Chief Executive of Asprey plc whereas for more than a year the question of his successor had been amicably discussed at Asprey and his decision to step down at the appropriate time was not taken in response to pressure from the City.

We entirely accept these points and apologise unreservedly to Mr Attallah.