Press Release

Weichert Relocation Resources Names Steve Thorne Director of Business Development

2/7/2005

MORRIS PLAINS, N.J. -- Jim Schneider, Senior Vice President of Weichert Relocation Resources Inc. (WRRI), recently announced that Steve Thorne has joined the company as Director, Business Development for the Europe/Middle East/Africa (EMEA) region.

Based in WRRI’s London office, Thorne brings close to ten years of relocation, business development and management experience to his role. He most recently served as Director of International Accounts for Ascott International, one of the world’s largest temporary housing providers, where he developed comprehensive, custom solutions for a wide range of global clients. Prior to that, he honed his sales and client relationship management acumen in key positions with such companies as Oakwood Worldwide and Chard, a London-based property management company.

“Even more impressive than Steve’s extensive credentials are the results he’s produced,” explained Schneider. “He is a proven sales leader in the EMEA region and I expect that his talent and solid relocation background will enhance our efforts in this market.”

“I’m happy to be joining one of the brightest and most exciting companies in the relocation industry,” noted Thorne of his move to WRRI. “We have some great initiatives planned for the EMEA region in 2005, and I’m delighted to be part of the team that will be taking WRRI to the next level.”

Weichert Relocation Resources Inc. (WRRI) is one of the world’s largest global relocation and assignment management firms, delivering brighter mobility solutions to corporations and their employees. With a service reach encompassing over 120 countries, WRRI serves 500 clients throughout the world. The company’s service offerings include domestic relocation services, international assignment services, real estate management and resale services, financial services, payroll and tax services, household goods move management services, consulting services and group move management services. WRRI has offices worldwide and more than 500 employees. For more information, visit wrri.com.