Anglo Asian Regulatory News (AAZ)

19 Jul 2007 07:01

Anglo Asian Mining PLC19 July 2007 19th July 2007 ANGLO ASIAN MINING PLC ('Anglo Asian' or 'the Company') Appointment of non-executive Chairman Anglo Asian Mining PLC (AIM:AAZ) is pleased to announce the appointment of MrKhosrow Zamani as Non-Executive Chairman with immediate effect. Mr Zamanirecently joined the Board as Non-Executive Director. Mr Graham Mascall isleaving the Board to concentrate on his other business commitments. Mr. Zamani was previously director of the Southern Europe and Central AsiaDepartment of the International Finance Corporation (IFC), the private sectorlending arm of the World Bank. Whilst a director at IFC, Mr. Zamani wasinstrumental in building the IFC investment programme in the region with severalnew initiatives, particularly in Central Asia and the Caucuses. Gordon Lewis, Chief Executive of Anglo Asian, commented on the appointment: "Weare delighted that Khosrow will chair the Board. His experience and contacts inthe region of Caucasia have already proven to be an asset at a time when theCompany is transitioning from advanced exploration to production and is raisingnecessary funding required for Gedabek following the recent completion of thefeasibility study. I would like to take this opportunity to thank Graham for hiscontribution to the Board overseeing the restructuring of the Company." For further details, please contact: Anglo Asian Mining PLC Gordon Lewis, Chief Executive +994 12 499 3350 Richard Round, Finance Director +44 1525 211 988 Numis Securities Limited John Harrison +44 20 7260 1000 Parkgreen Communications Justine Howarth / Clare Irvine +44 20 7851 7480 This information is provided by RNS The company news service from the London Stock Exchange