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Directorate Change

8th Feb 2007 08:57

GVM Metals Ltd08 February 2007 GVM METALS LIMITED DIRECTOR APPOINTMENTS Following the placement to Global Coal Management plc ('Global Coal', formerlyAsia Energy plc) as notified on 21 December, the Company is pleased to advisethat Mr Stephen (Steve) Bywater and Mr Graham Taggart have been appointed asNon-Executive Directors of the Company effective immediately. Steve Bywater Mr Bywater has a distinguished career in the resources industry, developing andoperating a total of 14 large-scale open pit mining operations. Before joiningGlobal Coal in January 2006, he was chief operating officer for Rio Tinto CoalAustralia. In this position Steve oversaw seven mining operations, producing 60million tonnes of saleable coal a year. He was previously general manager operations for Robe River Mining, a subsidiaryof North Limited which subsequently became a subsidiary of Rio Tinto in 2000.He was also general manager, mine operations, for Hamersley Iron Limited andgeneral manager at Mount Isa Mines in both mining and metallurgical operations.His position at Robe River Mining included management of both the port and railfacilities. Born in Britain and now an Australian, Steve has a B.Sc. in Engineering Geologyand Geotechnics from Portsmouth University and a M.Sc. in Rock Mechanics andExcavation Engineering from Newcastle-upon-Tyne University. He is a Fellow ofboth the AUSIMM (Australasian Institute of Mining and Metallurgy) and the AIM(Australian Institute of Management). Graham Taggart Mr Taggart, an Australian, is a qualified Chartered Accountant with 25 yearsexperience in the resources industry with Rio Tinto. Prior to joining GlobalCoal, Graham was chief financial officer and company secretary for Rio TintoCoal Australia, where he was responsible for a group producing some 60 milliontonnes per annum of thermal and coking coal. He was previously general managercommercial and chief financial officer for PT Kaltim Prima Coal (producing some20 million tonnes of thermal coal per annum), and before that he was directorfinance for PT Kelian Equatorial Mining (producing some 500,000 oz of gold perannum), both Indonesian based. For more information contact: Simon Farrell, Managing Director GVM +61 417 985 383 or +61 8 9322 6776Leesa Peters / Jos Simson Conduit PR +44(0) 20 7429 6606Olly Cairns / Romil Patel Corporate Synergy Plc +44(0) 20 7448 4400 www.gvm.com.au Notes to editors Steve and Graham are directors of Global Coal which holds an interest in16,200,000 ordinary shares of the Company representing 17.32 per cent. of theissued share capital of the Company. Steve Bywater (55) is currently, or has been in the past five years, a directorof the following companies: Current: Past: Global Coal Management plc Blair Athol coal Pty LimitedAsia Energy Corporation Pty Ltd Mount Thorley Operations Pty LimitedAsia Energy Corporation (Bangladesh) Pty Ltd Warkworth Coal Sales LimitedAsia Energy (Bangladesh) Private Limited Warkworth Mining LimitedAsia Mining (Bangladesh) Private Limited Warkworth Pastoral Co Pty LimitedAsia Energy Holdings Pte Ltd Warkworth Tailings, Treatment Pty LimitedBangladesh Telecommunications LimitedSouth African Coal Limited Graham John Taggart (49) is currently, or has been in the past five years, adirector of the following companies: Current: Past: Global Coal Management plc Australian Coal Resources LimitedAsia Energy Corporation Pty Ltd Blair Athol Pty LimitedAsia Energy Corporation (Bangladesh) Pty Ltd CAN Bengalla Investments Pty LimitedAsia Energy (Bangladesh) Private Limited CAN Warkworth Australasia Pty LimitedAsia Mining (Bangladesh) Private Limited Clermont Coal Mines LimitedAsia Energy Holdings Pte Ltd CNA Bengalla Pty LimitedBangladesh Telecommunications Limited CNA Investments (UK) Pty LimitedSouth African Coal Limited CNA Resource Holdings Pty Limited CNA Resources Limited CNA Staff Retirement Fund Pty Limited CNA Sub Holdings Pty Limited Coal & Alliance Finance Limited Coal & Allied Operations Pty Limited Coal & Allied Mining Services Pty Limited Coal & Allied Sales Pty Limited Coal & Allied Superannuation Pty Limited Coal Marketing Services Pty Limited Dolphin Property Pty Limited Hail Creek Coal Pty Limited Hail Creek Marketing Pty Limited HC Developments Pty Limited HC Expansion Pty Limited Hexham Engineering Pty Limited Howick Coal Sales Pty Limited Hunter Valley Coal Pty Limited Kalamah Pty Limited Kembla Coal & Coke Pty Limited Kestrol Coal Pty Limited Kestrol Coal Sales Pty Limited Lemington Coal Mines Pty Limited Miller Pohang Coal Co Pty Limited Millfield Coal Mining Co Pty Limited Mount Thorley Coal Loading Limited Mount Thorley Operations Pty Limited Moura Coal Investments Pty Limited Namoi Valley Coal Pty Limited Northern (Rhondda) Collieries Pty Limited Novacoal Australia Nominees Pty Limited Novacoal Australia Pensions Pty Limited Novacoal Australia Pty Limited Oaklands Coal Pty Limited Port Hunter Coal Management Pty Limited Queensland Coal Pty Limited Ravensworth Pastoral Company Pty Limited Rio Tinto Coal (NSW) Pty Limited Rio Tinto Coal Australia Pty Limited Rio Tinto Energy Marketing Services Pty Limited RW Miller (Holdings) Limited The Energy Group Australia Pty Limited Vale Engineering Pty Limited Warkworth Coal Sales Limited Warkworth Mining Limited Warkworth Pastoral Co Pty Limited Warkworth Tailings, Treatment Pty Limited Western Main Collieries Pty Limited Winchester South Development Company Proprietary Limited This information is provided by RNS The company news service from the London Stock Exchange

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