Anglo Asian Regulatory News (AAZ)

20 Sep 2005 07:00

Anglo Asian Mining PLC20 September 2005 PRESS ANNOUNCEMENT Directorate Change and Trading Update For release at 7.00 a.m. on 20 September 2005 ANGLO ASIAN MINING welcomes Mr Richard Round to the Board of Directors Anglo Asian Mining PLC ("Anglo Asian") (EPIC: AAZ), a gold and copperdevelopment company with assets in Azerbaijan, today announces Mr Richard Roundhas joined the Board of Directors in the role of Finance Director, as detailedin the listing Admission Document. Mr Round joins Anglo Asian from the Mining(Scotland) Group, the largest opencast coal mining company in the UK, where hewas the Financial Director from 2001. Between 1995 and 2001, Mr Round was the Finance Director of Consolidated SupplyManagement Limited, an international oilfield logistics group operatingprimarily in Latin America and the Former Soviet Union, including Azerbaijan andKazakhstan. Charles Hancock, Chief Executive, stated, 'We welcome Richard to Anglo Asian andlook forward to welcoming him onto the board. With his previous experience inmining and in the Former Soviet Union region, particularly in Azerbaijan, webelieve he will be an invaluable member of the team.' Mr Round is a Fellow of the Chartered Association of Certified Accountants andhas also worked at British Coal as an executive and at Ferrum Holdings plc asGroup Finance Director. Save as disclosed below, there is nothing further to disclose in relation to theappointment of Mr Richard Calvin Round, aged 47, under schedule two, paragraph(g) of the AIM Rules: Previous directorships or partnerships in the last five years (registered ineither England and Wales or Scotland unless otherwise indicated): Alba Resource Recovery LimitedAlba Trustees LimitedCastlebridge Plant LimitedConsolidated Supply Management del Ecuador (Ecuador)Consolidated Supply Management LimitedCSM Caspian Holdings SA (Panama)CSM Caspian SA (Panama)CSM Latin America SA (Panama)CSM Servicios del Peru (Peru)CSM Trustees LimitedGame Fisheries LimitedIWCSSS Co-ordinator LimitedIWMPS Co-ordinator LimitedLatchmoor Base Services LimitedLatchmoor Oilfield Services LimitedScottish Bio Fuel LimitedScottish Coal Contracts LimitedThe Scottish Coal Company Limited Trading update In keeping with the plans set out in the AIM Admission Document, Anglo Asian hascommenced confirmation drilling in the Piyazbashi area in Ordubad as part of thefast-track feasibility study and has signed a purchase agreement to acquire a4,000 tonne per day CIL gold processing plant. -Ends- For further details, please contact: Anglo Asian Mining PLC Charles Hancock, Chief Executive +44 20 7409 3232Numis Securities Limited John Harrison +44 20 7776 1555Parkgreen Communications Justine Howarth/Victoria Thomas +44 20 7493 3713 This information is provided by RNS The company news service from the London Stock Exchange