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Saga nonexec director steps down

said Nonexecutive DirectorJamie Arnell resigned from the board of directors, effective immediately.

Arnell'sresignation comes on the back of the saleof Acromas Bid Co. Ltd.'sapproximately 32% stake in Saga through a share placing. Following the conclusionof the deal, Charterhouse, the private equity investor that Arnell represents, willcease to be an indirect shareholder of Saga.