Independent Non Exec Director

28 Nov 2007 10:20

Melrose Resources PLC28 November 2007 Immediate Release 28 November 2007 MELROSE RESOURCES PLC ("Melrose" or "the Company") Appointment of Independent Non-Executive Director Melrose Resources plc (LSE: MRS), the oil and gas exploration, development andproduction company, is pleased to announce the appointment of Mr James DouglasAgnew as an independent non-executive director with immediate effect. Mr Agnew, 48, is currently Chairman of UK Corporate Broking at Deutsche Bank. Hejoined Deutsche Bank in 2002 having previously been Head of Corporate Broking atMerrill Lynch from 1995 to 2002. Prior to that he was a Director of CorporateBroking at Smith New Court from 1990 to 1995 and at CCF Laurence Prust. He is amember of the Panel on Takeovers and Mergers, the UKLA Advisory Committee andthe London Stock Exchange Primary Markets Group. Robert Adair, Executive Chairman, commented: "James's appointment to the Melrose Board reflects our ambitious plans for thefuture development of the Company. James has a considerable depth of experienceworking with publicly listed companies and we will benefit significantly fromhis corporate insight as we move forward. I look forward to working with himover the forthcoming years." No further details required under Listing Rule 9.6.13 of the Financial Services Authority remain to be disclosed. For further information please visit www.melroseresources.com or contact: Melrose Resources plc 0131 221 3360David Thomas, Chief ExecutiveRobert Adair, Executive ChairmanMunro Sutherland, Finance DirectorAlasdair Robinson, Group Company Secretary Buchanan Communications 0207 466 5000Tim ThompsonBen Willey Notes Melrose Resources plc is an oil and gas exploration, development and productioncompany with interests in Egypt, Bulgaria, the United States, France and Turkey.The Company has oil and gas production in Egypt, Bulgaria and the United Statesand it has a portfolio of exploration, appraisal and development drillingopportunities with a range of risk and reward profiles. Melrose is headquarteredin Edinburgh. This information is provided by RNS The company news service from the London Stock Exchange