Centamin Egypt Limited

Centamin Egypt Limited

March 23, 2011 07:00 ET

Centamin Egypt Limited Board Appointment

TORONTO, ONTARIO--(Marketwire - March 23, 2011) - Centamin Egypt Limited ("Centamin" or "the Company") (TSX:CEE)(LSE:CEY), the gold mining group in Egypt, is pleased to announce the appointment of Mr Gordon Edward Haslam as a non-executive director and the Senior Independent Director of the Company, effective 22 March 2011.

Mr Haslam (age 66) is currently Chairman of the LSE listed Talvivaara plc (since 01 June 2007) and since 01 May 2004 has been a non-executive director of Aquarius Platinum Ltd. In addition, Mr Haslam has been the Senior Independent Director of the LSE listed South African Namakwa Diamonds Ltd since 19 December 2007. In 1981, Mr Haslam joined Lonmin plc where he was appointed a director in 1999 and Chief Executive Officer in November 2000 before retiring as such in April 2004. Mr Haslam has also held various positions with Falconbridge Nickel Mines and British Steel Corporation, was a director of Cluff Gold Plc until September 2007, and is a Fellow of the Institute of Directors (IOD) (UK). Mr Haslam has not held any other directorships in public companies during the previous five years and does not currently hold any shares in Centamin. There are no other details to disclose under paragraph 9.6.13 of the Listing Rules of the London Stock Exchange.

The Company is pleased to welcome Mr Haslam to the Board. His experience in operating environments and extensive board experience will further strengthen the Centamin Board and support the Company's growth plans.

For Centamin Egypt Limited
Josef El-Raghy
23 March 2011

Contact Information

  • Centamin Egypt Limited
    Josef El-Raghy
    + 61 (8) 9316 2640
    Buchanan Communications Limited
    Bobby Morse
    Katharine Sutton
    + 44 (0) 207 7466 5000