Orogen Gold Regulatory News (ORE)

6 Aug 2008 07:00



Aricom plc 

("Aricom" or "the Company")

Aricom Non-Executive Board Appointment

Aricom plc (LSE: ORE, OREW), the Anglo-Russian developer of mineral resources, is pleased to announce the appointment of Mr Tony Redman as an independent Non-Executive Director of Aricom plc with effect from 1 January 2009.

Mr Redman, 59, has worked at Anglo American since 1970. In 1979 he moved to the Anglo Coal division, where he was appointed Managing Director in 1996 and Chairman in 2002. In 2005, he became Group Technical Director of Anglo American plc. He is also a Non-Executive Director of Anglo Platinum Limited, listed on the Johannesburg Stock Exchange, and a Director of Anglo American South Africa Limited. He is currently a member of Anglo American's Executive Committee, the Investment Committee and the Safety and Sustainable Development Committee and he will retire from Anglo American at the end of 2008.

It is expected that Mr Redman will be invited to join all of the committees of the Board and will play a particular role in providing counsel on all technical and operational matters.

Commenting on his appointment, Pavel Maslovskiy, Chairman, said:

"I am delighted that Tony has agreed to join the Aricom Board.  Tony is a very highly respected member of the mining community and brings with him a wealth of experience and technical expertise which will be invaluable to Aricom as we move into a crucial development period for the Group."

The Company has been notified that there are no other details to be disclosed pursuant to Rule 9.6.13 of the Listing Rules in respect of Mr Redman.

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