Nyota Minerals Regulatory News (NYO)

9 Jan 2007 07:44

Dwyka Diamonds Limited09 January 2007 DWYKA FORMALISES MANAGEMENT ROLES FOLLOWING BEE RESTRUCTURE Dwyka Diamonds Limited ("Dwyka" or "the Company"), the AIM and ASX quoteddiamond developer and producer, today announces that key management positionsand subsidiary Board roles have now been finalised as part of the implementationof the recent BEE restructure of the Dwyka Group ("the Group"). Cedric Bredenkamp has been appointed Managing Director of Superkolong Holdings(Pty) Limited, Dwyka's 70% subsidiary, to focus on operational issues in SouthAfrica. He will be responsible for overseeing the day-to-day operation of theGroup's industrial products division comprising the Kimberley-based bricks andcement businesses, the Tailings Re-Treatment project and the mining division(consisting of the Blaauwbosch, Newlands and New Elands underground kimberlitemines) and the Bosele fissure project. As part of this focus, he has retiredfrom the Dwyka Diamonds Limited Board. In AustraliaMike LangoulantDwyka Diamonds Limited(+618) 9324 2955 In United KingdomRichard BrownAmbrian Partners Limited(+44) 20 7776 6417 Laurence Read/Leesa PetersConduit PR(+44) 20 7429 6605 / (+44) 20 7429 6600 This information is provided by RNS The company news service from the London Stock Exchange