13th Aug 2007 09:00
Lonmin PLC13 August 2007 Lonmin is pleased to announce that Jim Sutcliffe and David Munro have agreed tojoin the Lonmin board with effect from 10 August 2007 as non-executivedirectors. Jim Sutcliffe (51) is currently Chief Executive of Old Mutual plc, a post whichhe assumed in November 2001 after acting as Chief Executive of the Old MutualGroup's life assurance business since January 2000. He is a non-executivedirector of Nedbank Group Limited and a director of The Nelson Mandela LegacyTrust (UK), Fidelity and Guarantee Life Insurance Company and OM Kotak MahindraInsurance Company Limited. Before joining Old Mutual, Mr Sutcliffe was ChiefExecutive UK of Prudential plc and was until recently Chairman ofForsakringsaktiebolaget Skandia (publ). Mr Sutcliffe is an actuary. David Munro (52) is currently Executive Director, Strategy of Kazakhmys plc apost he has held since October 2006. Before joining Kazakhmys, Mr Munro wasChief Executive Officer of RMC Group PLC from January 2004 until RMC'sacquisition by Mexico's Cemex in 2005. From 1981 Mr Munro held a variety ofpositions with Gencor/Billiton and then BHP Billiton including Chief DevelopmentOfficer from 2003 to 2004, Vice President, Strategy and Business Developmentfrom 2002 to 2003 and Executive Director Aluminium from 1997 to 2002. Mr Munrowas a non-executive director of Wogen plc from 2005 to 2007 and Kazakhmys plcfrom 2005 to 2006. Mr Munro is a mining engineer by profession. In accordance with the Listing Rules, Lonmin confirms that there are no mattersrelating to either Mr Sutcliffe or Mr Munro that would require disclosure underRule 9.6.13 (2) to (6). Neither Mr Sutcliffe nor Mr Munro have any beneficialinterests in Lonmin shares. Commenting on the appointments, Sir John Craven, Chairman of Lonmin said: "I am extremely pleased to welcome both Jim Sutcliffe and David Munro to theLonmin board. We are delighted to have found two candidates with such a wealthof relevant experience and I am sure they will both make very valuablecontributions to the Company." Enquiries:Alex Shorland-Ball +44 (0)207 201 6060Vice President,Investor Relations & Communications This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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