Lonrho Regulatory News (LONR)

1 Jun 2007 11:59

Lonrho PLC01 June 2007 1 June, 2007 LONRHO PLC "Lonrho" or "the Company" LONRHO STRENGTHENS MANAGEMENT TEAM Lonrho Plc ("Lonrho"), the African conglomerate with a diverse portfolio ofinvestments ranging from infrastructure, transportation, support services andnatural resources, announces today two new appointments to the management team. Jean Ellis joins the Lonrho Board as Finance Director with immediate effect.With 17 years experience as a Chartered Accountant and Chartered Tax Adviser; MsEllis is, and will remain a partner in Chartered Accountants Duncan Sheard Glass('DSG'). Ms Ellis, 37, was previously the Group Financial Controller and TaxManager with Lonrho Africa Plc and also held a number of Directorships for itssubsidiary companies. Since joining DSG in 2002, Jean continued to act as aconsultant to Lonrho, remaining closely involved with the Company's finance andtaxation. Mr Geoffrey White also joins Lonrho as the Chief Operating Officer. Mr White,46, most recently worked for the private office of His Highness Sheikh KhalifaAl Thani, the Emir of the State of Qatar, in London. During his 25 year career,he has held senior management roles with Thomas Tilling Plc, BTR Plc and DeeCorporation PLc. He has been responsible for planning, financing, developing andmanaging a range of projects in the leisure, industrial and natural resourcesectors. These projects include establishing joint ventures with corporationsincluding Hilton International, Ford Motors (PAG), Praton International GmbH,FFS Refiners Pty Ltd, Sengamines Sarl, Oryx Natural Resources, African MiningInvestments Ltd and Pegasus Energy Ltd. Lonrho CEO David Lenigas commented: "I am very pleased that as we rebuild the Company's brand and presence acrossAfrica, the appointments of Jean and Geoffrey as Finance Director and COOrespectively further strengthens our Board and management team as the rapidre-growth of Lonrho progresses. 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 177Pelham PRCharles Vivian +44 (0) 20 7743 6672 +44 (0) 7977 297 903Alisdair Haythornthwaite +44 (0) 20 7743 6676 +44 (0) 771 472 1379Collins StewartSimon Atkinson +44 (0) 20 7523 8306 Additional information on these proposed directors to be disclosed in relationto Schedule Two paragraph (g) of the AIM Rules for Companies can be found below. Jean Ellis's appointments Lonrho Africa (Holdings) LtdLonrho Hotels Africa Management Services LtdLonrho Africa Property Holdings LtdBalfour Williamson and Co LtdLonrho Hotels (UK) LtdLonrho Africa Trade and Finance LtdDSG Secretaries LtdDSG Directors LtdDSG Special Projects LtdDSG Nominees Ltd There is no further information required to be disclosed pursuant to Rule 17 orSchedule 2G of the Aim Rules in relation to Jean Ellis Notes to Editors: About Lonrho Lonrho Plc is an expanding conglomerate that is rapidly growing a successfulbusiness throughout Africa. The Company is listed on the London AIM stockexchange (LONR). Lonrho is strategically focused on the development of businessopportunities in infrastructure, transportation, support services and naturalresources. The Company has over 20,000 shareholders and substantialinstitutional backing to support its mandate to build a profitable business thatplays a fundamental role in the development of the African economy. Since 2006, the Company has invested in or acquired control of: Hotel Cardoso - www.hotelcardoso.co.mz (retained)Nare Diamonds - www.narediamonds.comBrinkley Mining - www.brinkley-mining.comLuba Freeport - www.lubafreeport.comFly540 - www.fly540.comNorse Air - www.norseair.co.zaSwissta Holdings - www.swissta.comCountermine plc - www.countermine.com This information is provided by RNS The company news service from the London Stock Exchange