Directorate Change

Kennedy Ventures plc("Kennedy" or the "Company")

Directorate Change

The Board of Kennedy, the AIM-quoted Natural Resource and Investment Company, today announces that Colin Weinberg has been appointed as a Director of the Company with immediate effect.

Mr Weinberg was a qualified stockbroker from 1980 to 2006. Subsequently, he worked for a major industrial and resources Group in Ukraine, acting as advisor on mergers and acquisitions and transactions financing. He was previously a non-executive director of a United Kingdom Building Society, and is now a director of the listed company, Associated British Engineering plc.

Additional disclosures pursuant to Schedule 2 (g) of the AIM Rules:

Current Directorships: Associated British Engineering Plc and its subsidiaries

Past Directorships:

Denby Investment (UK) Plc

Zander Group Limited

Embarked Nominees Limited

Mr Redmond, Chairman of Kennedy, commented:

"We welcome Colin to the Board and are confident that his knowledge and experience will prove a valuable asset to the Company in assessing future transactions and completing its immediate financial plans"

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