LAM.L Regulatory News (LAM)

1 Nov 2007 09:22

Lamprell plc01 November 2007 LAMPRELL PLC ("Lamprell" or the "Company") APPOINTMENT OF DEPUTY CHAIRMAN Lamprell (symbol: LAM), a leading provider of specialist engineering services tothe international oil & gas industry based in the UAE, is pleased to announcethat Mr. Peter Birch was appointed as Deputy Chairman of the Company at theCompany's Board meeting held on 22nd October 2007. Mr. Birch will remain as thesenior independent non-executive director. Speaking on the appointment, Peter Whitbread, Chairman and CEO said: "I am delighted with the appointment of Peter to the position of Deputy Chairmanof the Company. Peter's invaluable experience has been and will be a significantfactor contributing to the growth of the Company" Enquiries: Lamprell plc (+44 20 7638 9571) Peter Whitbread, Chairman and Chief Executive Officer David Moran, Chief Operating Officer JP Morgan Cazenove, London (+44 20 7588 2828) Nick Garrett Malcolm Moir Citigate Dewe Rogerson, London (+44 20 7638 9571) Media enquiries: Martin Jackson/George Cazenove Analyst enquiries: Scott Fulton Notes to editors • Lamprell, based in the UAE, has played an increasingly prominentrole in the development of the offshore industry in the Arabian Gulf for over 30years, in later years providing specialised services to the offshore oil and gasindustry. • Lamprell's two primary facilities are in Port Khalid, in theEmirate of Sharjah, and in the Jebel Ali Free Zone, in the Emirate of Dubai,both of which are in the UAE • The principal markets in which Lamprell operates, and theprincipal services it provides, are: - Upgrade and refurbishment of offshore jackup rigs; - New build construction for the offshore oil and gas sector, including Floating Production, Storage and Offloading systems and other offshore and onshore structures; and - Oilfield engineering services, including the upgrade and refurbishment of land rigs. • Lamprell has grown strongly over the last three years, driven bybuoyant conditions in the oil and gas industry and the increase in capacity withthe opening of its facility in the Jebel Ali Free Zone in 2002. This information is provided by RNS The company news service from the London Stock Exchange