29 November 2006. Marcus Agius, Chairman of BAA, has decided to step down from his position at BAA in view of his other responsibilities. He will become Chairman of Barclays PLC on 1 January, 2007 and Senior Independent Non-Executive Director of the BBC on 1 December, 2006. He will relinquish his BAA role on 20 December, 2006. BAA, Grupo Ferrovial, Caisse de Dépôt et Placement du Québec and GIC are grateful to Marcus Agius for his work over the last nine years, and wish him every success in his new position at the head of Barclays. Rafael del Pino, executive chairman of Grupo Ferrovial, said: "Marcus has played an important role. I have enjoyed my relationship with him during the period in which we acquired BAA, and I hope to maintain this relationship of friendship and professional cooperation in the future". Marcus Agius said that: "BAA is a great company, with a great future. It has supportive and far-sighted shareholders and the new senior management team under Stephen Nelson's excellent leadership is now well established. I am proud to have chaired BAA during a period of achievement and change." Rafael del Pino will become interim non-executive Chairman of BAA effective from 20 December, 2006. BAA has commenced a search to select a new non-executive chairman and additional independent Board Members.