Directorate Change

1 Jun 2007 07:01

Anglo Asian Mining PLC01 June 2007 1 June 2007 ANGLO ASIAN MINING PLC ('Anglo Asian' or 'the Company') APPOINTMENT OF NON-EXECUTIVE DIRECTOR Anglo Asian Mining PLC (AIM: AAZ) the gold and copper development company withprojects in Azerbaijan, announces that Mr Khosrow Zamani has joined the Board ofDirectors as a non-executive Director with immediate effect. Mr. Zamani was director of the Southern Europe and Central Asia Department ofthe International Finance Corporation (IFC), the private sector lending arm ofthe World Bank, from March 2000 to July 2005. This department was responsiblefor the IFC investment programme in 15 countries across the region. As of July1st, 2005, Mr. Zamani was appointed as Senior Advisor to the Vice President ofOperations. Whilst a director at IFC, Mr. Zamani was instrumental in building the IFCinvestment programme in the region with several new initiatives, particularly inCentral Asia and Caucasia. He oversaw the IFC portfolio of more thanUS$2billion, diversified across the financial, oil and gas, mining andmanufacturing sectors. Graham Mascall, Chairman of Anglo Asian, commented on the appointment, "We arepleased to welcome Khosrow to the Board. His experience and contacts in theregion of Caucasia will be a great asset to the Company and his fundingexpertise will be of particular relevance as the Company's projects develop." Save as disclosed below, there is nothing further to disclose in relation to theappointment of Mr Khosrow Zamani, aged 64, under schedule two, paragraph (g) ofthe AIM Rules: Current directorships: Bank Turan Alem-Orix Leasing Company -registered in Kazakhstan Borusan Mekina AS -registered in Turkey Sekerbank TAS -registered in Turkey There were no other directorships held in the previous five years. As part of Mr Zamani's arrangements with Anglo Asian, he has been awardedoptions over 100,000 Ordinary Shares of 1p each at an option price of 16.5p pershare. The options vest in three equal instalments on the first, second andthird anniversaries of today's date. -Ends- For further details, please contact: Anglo Asian Mining PLC Gordon Lewis, Chief Executive +994 12 499 3350Richard Round, Finance Director +44 1525 211988 Numis Securities Limited John Harrison +44 20 7260 1000 Parkgreen Communications Justine Howarth +44 20 7851 7480 This information is provided by RNS The company news service from the London Stock Exchange