Highland Gold Mining - Directorate Change
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RNS Number:0847T Highland Gold Mining Limited 25 April 2008 Highland Gold Mining Limited Board Changes Announcement 25 April 2008 Highland Gold Mining Limited ("Highland"), the AIM quoted Russian gold producer, announces the appointment, effective today, of Terry Robinson to its Board of Directors. Mr Robinson becomes Audit Chairman, replacing David Fish after his tragic death last year. Duncan Baxter who has been acting Audit Chairman, steps down from the Board of Highland on 29 April 2008, but remains in an executive role. Highland, and JPMorgan Cazenove as the Company's Nominated Adviser, have reviewed and accepted the nomination and the Directors are pleased to welcome Mr Robinson to the Board. In respect of the new appointment, other than the information provided below in accordance with Rule 17 of the AIM Rules, there is no other information required to be disclosed pursuant to Schedule 2 paragraph (g) (i) to (viii). Enquiries: Highland Gold Henry Horne, Managing Director, Moscow - +7 495 777 5529 Duncan Baxter, Corporate Affairs Director - +44 (0)1534 814 202 JPMorgan Cazenove (Nominated Adviser) Michael Wentworth-Stanley, Managing Director Sam Critchlow - +44 (0) 207 588 2828 www.highlandgold.com Note: Mr Terry Robinson The following information is provided in accordance with Rule 17, Schedule 2 paragraph (g) (i) (ii) and (v) of the AIM Rules: Mr. Robinson, born in 1944, is a qualified chartered accountant and has 40 years international business experience. He was 20 years at Lonrho PLC, the international mining and trading group; and the last 10 years as a main board director. Since 1998 he has been variously occupied with international business recovery engagements and investment projects including natural resources in the UK, Russia, the CIS and Brazil. He is an independent non-executive director of the London Stock Exchange GDR quoted Evraz Group SA, the largest Russian vertically integrated steel producer. He is Chairman of the Evraz Group audit committee and a member of the Evraz strategy committee. He is an independent non-executive director of the Toronto listed Katanga Mining Limited with copper and cobalt mining operations in the DRC and is a member of Katanga's audit committee and compensation committee and until recently was Managing Director of Interactive Records Management Ltd, a private equity controlled investment. He is a member of the Institute of Chartered Accountants of England and Wales' non executive director special interest group. He holds and has held the following directorships or been a partner in the following partnerships and has no previous directorships within the past 5 years: October 2002 to June 2004, Chapada Diamonds Plc; September 2004 to January 2007, the following being all part of the Interactive Records Management group; Levetas Limited (Holding Company), Interactive Records Management Limited (trading Company); Levetas Trustees Limited and Springmede Limited; June 2006 to January 2008, Nikanor Plc; appointed April 2005, Evraz Group SA and appointed in January 2008, Katanga Mining Limited. As part of Mr Robinson's corporate restructuring consultancy role he was appointed a director of a number of companies for this purpose of which there were a number liquidated by courts, creditors or otherwise. (Compulsory Liquidation January 1996 Union International PLC; Creditors' voluntary liquidations, July 2002 W.D.L (UK) Limited, August 2002 Fisher Foods Limited; In administrative receivership, August 2002 Albert Fisher Group PLC and SPI PLC; In receivership, June 2002 Hunter Saphir Limited and AFG (WW) Limited. This information is provided by RNS The company news service from the London Stock Exchange END BOAPUUACCUPRGQC