25 May 2010 17:30
25 May 2010
Anglo-Eastern Plantations PLC ("AEP" or "Company")
Directors' Contract
AEP, owns approximately 141,000 hectares of plantation land, primarily in Indonesia, and operates approximately 45,000 hectares of developed plantations, announced on 25 November 2009 that Donald Low will remain with the Company as Acting Chief Executive until 25 May 2010.
The Company has today announced that Mr Low is now standing down from the Board and relinquishing the role of Acting Chief Executive with immediate effect. The Board is continuing its process to identify the successor to Mr. Low and a further announcement is expected to be made shortly.
For further information, contact:
| Anglo-Eastern Plantations plc | Tel 020 7216 4600 |
| Dato' John Lim Ewe Chuan
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| Charles Stanley Securities | Tel 020 7149 6000 |
| Russell Cook |
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Anglo-Eastern Plantations (AEP)