Lonrho Regulatory News (LONR)

13 Mar 2007 10:37

Lonrho Africa PLC13 March 2007 13 March 2007 Lonrho Africa Plc ("Lonrho" or the "Company") BOARD CHANGE Lonrho Africa Plc (AIM: LAF), an African infrastructure and natural resourcesCompany with a diverse portfolio of assets focussing on servicing Westerninvestment across Africa, announces the following management update. Gerard Holden, the Joint Executive Chairman, has advised the Company he will bestepping down from the Lonrho Board and from his other board positions in theCompany's subsidiaries, effective from today, to focus on additional businessinterests. David Lenigas, Executive Chairman of Lonrho Africa Plc, commented: "Gerard has been an enormous support to me and the Board, sharing his valuedknowledge from his extensive mining and finance experience. We wish him well inhis future endeavours with his other business interests outside Lonrho." "He leaves behind a Company that is well positioned for solid growth in 2007with a strong portfolio of assets." For further information, please contact: Lonrho Africa Plc +44 (0) 20 7016 5105David Lenigas, Chief Executive +44 (0)7881 825 378Emma Priestley, Executive Director +44 (0)7867 785 177 Pelham PRCharles Vivian +44 (0) 20 7743 6672 +44 (0) 7977 297 903 Alisdair Haythornthwaite +44 (0) 20 7743 6676 +44 (0) 771 472 1379 This information is provided by RNS The company news service from the London Stock Exchange