16th Jan 2008 17:02
Cambium Global Timberland Limited16 January 2008 Cambium Global Timberland Limited ("Company" or "Cambium") 16 January 2008 Assignment of the Investment Advisor's agreement with the Manager The Company announces that the Jersey Financial Services Commission has approvedthe assignment of the investment advisory agreement between the Manager (CPCogent Asset Management L.P.) and the Investment Advisor (New Forests AdvisoryPty Limited) in favour of a newly incorporated subsidiary company which will actas investment adviser. This company is New Forests Inc., incorporated inDelaware with registered office at 1209 Orange Street, Wilmington 19801,Delaware, USA, with an administrative and postal address of 1025 ConnecticutAvenue, NW, Suite 1026, Washington DC 20036, USA. This appointment follows New Forests' move into the US with the establishment ofan office in Washingtom DC in May 2007 in order to help its expansion into USand international markets. Ms Radha Kapulli is the senior executive responsiblefor the US office. Senior personnel with responsibility for discharging NewForests' duties as investment advisor will be unchanged. Enquiries: Cogent: Colin McGrady/Art Selender 001-214-871-5400 New Forests: David Brand 011-612-9406-4101 Landsbanki Securities (UK) Limited: Paul Fincham/Jonathan Becher 0207-426-9000 End This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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