Directorate Change

4 Nov 2005 07:01

Hardman Resources Limited04 November 2005 STOCK EXCHANGE / MEDIA RELEASE RELEASE DATE: 4 November 2005 AUSTRALIAN CONTACT: Peter Thomas Hardman Resources Ltd +61 8 9261 7600 LONDON CONTACT: Patrick Handley Brunswick Group +44 207 404 5959 RE: SCOTT SPENCER TO BECOME NON-EXECUTIVE DIRECTOR PAGES: 2 Hardman Resources Ltd ("the Company") today announces that Mr Scott Spencer isto retire from his current position as Executive Director, with effect from 7November 2005. Mr Spencer, having reached the age of 55 years, is to continue onthe Hardman Resources Board as a Non-Executive Director. Simon Potter, Chief Executive, Hardman Resources, commented: "During ten years as an Executive Director, Scott has been a unique managementasset for Hardman. He has played a substantial part in the Company's rapid andsuccessful expansion as a frontier E&P business and the resulting value createdfor shareholders. That he has agreed to remain on the Board means we retain hisconsiderable corporate knowledge and expertise to guide the Company's growth." RICHARD O'SHANNASSYCOMPANY SECRETARY ... Page 2 ... Notes to Editors: Scott is 55, and he has given the company full time service for a decade. Withthe recent management changes he feels he has fully discharged his executiveobligations to shareholders, and can afford to enjoy a wider spread ofinterests. His involvement with the company continues as a non-executive. The Board looksforward in the knowledge that Scott's invaluable advice in all aspects ofrunning an international group is close at hand. This information is provided by RNS The company news service from the London Stock Exchange