Board Change

 

TIDMBNLN 
 
RNS Number : 4944T 
Bateman Litwin N.V. 
08 June 2009 
 

Bateman Litwin N.V. ("Bateman Litwin" or the "Company") 
 
 
Board Change 
 
 
Amsterdam, The Netherlands 8 June 2009 - further to the announcement on 31 March 
2009, the Board of Directors of Bateman Litwin propose appointing Roderick 
Francis Arthur Balfour, Earl of Balfour, as a non-executive director and wish to 
nominate him as Chairman of the Company, effective 1 July 2009. 
 
 
It is proposed that the necessary resolutions to appoint the Earl of Balfour as 
a non-executive director and to accept Roy Franklin's resignation as a 
non-executive director and as Chairman be put to an extraordinary general 
meeting on 23 June 2009. 
 
 
Commenting on the above, David Lamont, Chief Executive of Bateman Litwin said: 
"On behalf of the Board, I would like to thank Roy for his significant 
contribution to the Group as Chairman over the past three years. We would like 
to wish him every success for his future endeavours. 
 
 
I am very pleased that Roderick has accepted the nomination as Chairman of 
Bateman Litwin.  He brings a wealth of experience both from a City and an 
international perspective. I am sure his contribution will help firmly 
re-establish Bateman Litwin's business performance and I look forward to working 
with him." 
 
 
Commenting on his nomination as Chairman, Lord Balfour said: 
"I am delighted to be joining Bateman Litwin at this important time when it is 
emerging under talented management from a difficult period for the industry. I 
am committed to balancing the interests of all shareholders." 
 
 
Additional information on Roderick Francis Arthur Balfour, aged 60, to be 
disclosed in relation to Rule 17 and Schedule Two paragraph (g) of the AIM Rules 
for Companies can be found below. 
 
 
Current directorships within the last five years: 
Virtus Management Limited 
Virtus Trust Limited 
Virtus Directors Limited 
Virtus Trust Corporation Limited 
Virtus Trust NZ Limited 
Virtus Investment Services Limited 
Mizar Limited 
Southwind Services Limited 
Agua Terra Limited 
 
 
Directorships in the last five years: 
Rothschild Corporate Fiduciary Services Limited 
Rothschild Trust Corporation Limited 
Rothschild Trust Guernsey Limited 
Rothschild Trust New Zealand Limited 
Rothschild Trustee Services (Ireland) Limited 
Detroit Lakes Limited 
Embarcadero Limited 
Galileo (2000) Limited 
Lothian Fifty (No 620) Limited 
Lothian Fifty (No 621) Limited 
Lothian Fifty (No 622) Limited 
Lothian Fifty (718) Limited 
Pinta Limited 
Waccabuc Limited 
Yale Limited 
Lothian Fifty (735) Limited 
Guilford Limited 
Navarino (2000) Limited 
Botafogo Limited 
Waterfence Limited 
Watchung Limited 
Nikanor Plc 
Bateman Engineering NV 
 
 
No further disclosures are required under Rule 17 and Schedule Two paragraph (g) 
of the AIM Rules for Companies. 
 
 
Funding Developments 
The Company advises that it has drawn the final US$3 million tranche of the 
US$20 million facility provided by BSG Resources in October 2008. 
 
 
Enquiries: 
+---------------------------------------------+---------------------------+ 
| Bateman Litwin                              | Tel: + 44 (0)20 7799 8307 | 
| David Lamont, Chief Executive Officer       |                           | 
| Davis Larssen, Chief Financial Officer      |                           | 
| Ingrid Boon, Investor Relations Manager     |                           | 
|                                             |                           | 
+---------------------------------------------+---------------------------+ 
| Credit Suisse Securities (Europe) Limited   |  Tel: [phone] | 
| Nominated adviser and joint broker          |                           | 
| Jon Grussing                                |                           | 
| Will MacLaren                               |                           | 
|                                             |                           | 
+---------------------------------------------+---------------------------+ 
| Oriel Securities Limited                    |  Tel: [phone] | 
| Joint broker                                |                           | 
| Richard Crawley                             |                           | 
+---------------------------------------------+---------------------------+ 
 
About Bateman Litwin N.V. 
Bateman Litwin is a supplier of technology, engineering, procurement and project 
management services to the world's energy and resource industries. To find out 
more, visit Bateman Litwin at: www.bateman-litwin.com 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
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