Directorate Change

 

TIDMAGU 
 
RNS Number : 5031M 
Angus & Ross PLC 
30 January 2009 
 

ANGUS & ROSS PLC 
("A&R" or "the Company") 
AIM:   AGU.L 
 
 
DIRECTORATE CHANGE 
 
 
A&R announces that Mr. Robin Andrews, Chairman of the Company, and Dr. Tom 
Elder, Non-executive director of the Company, are both retiring from the board 
of the Company with effect from 31st January 2009. 
 
 
Mr. Andrews is the founder of A&R and was responsible for obtaining the 
exploration licence for the Company's principal asset, the Black Angel mine in 
Greenland. He initiated the transformation of the Company from its initial focus 
on exploration to its current objective of becoming a successful international 
mining company. 
 
 
As one of the original Cominco team which first drilled at the prospect that 
subsequently became the Black Angel Mine, Dr. Elder has added significant value 
to the recent exploration effort. 
 
 
The board would like to thank both Mr. Andrews and Dr. Elder for their 
contribution to the Company. 
 
 
Given the present state of the economic climate, the decision has been reached 
that their respective roles will, for the time being, be absorbed by the 
remaining members of the Board.   In due course A&R will recruit additional 
directors with appropriate background and qualifications. 
 
 
Mr. Andrews comments: 
 
 
"It is with mixed feelings that I have decided to step down as Chairman of Angus 
& Ross plc but I feel that it is now time for a change. The new management team 
led by our CEO, Mr. Nick Hall, with the crucial support of Cyrus Capital 
Partners is now fully capable of successfully developing the Black Angel 
project. 
 
 
I am now convinced that the Company will survive these very difficult times and 
that shareholders' fortunes will be reversed. We have one of the world's richest 
zinc/lead deposits in what I believe will become a proven zinc "province". 
 Greenland is a mining friendly country with an exciting future. 
 
 
I would like to take this opportunity of thanking the shareholders for their 
support and also all directors and employees, both past and present, who have 
worked tirelessly to keep the dream of creating a successful mining company 
alive. We pass on the baton to the new team which, I believe, has every chance 
of making that dream a reality." 
 
 
+------------------------------------------------------+-----------------------+ 
|                                           Enquiries: |                       | 
|                                           Angus &    | 07931 709 053         | 
|                                           Ross plc   |                       | 
|                                           Nicholas   | 0207 936 5200         | 
|                                           Hall,      |                       | 
|                                           Chief      | 0207 426 9000         | 
|                                           Executive  |                       | 
|                                                      |                       | 
|                                           Fox-Davies |                       | 
|                                           Capital    |                       | 
|                                           Daniel     |                       | 
|                                           Fox-Davies |                       | 
|                                                      |                       | 
|                                           Teathers   |                       | 
|                                           Jeff       |                       | 
|                                           Keating    |                       | 
|                                           Sebastian  |                       | 
|                                           Jones      |                       | 
|                                                      |                       | 
+------------------------------------------------------+-----------------------+ 
 
 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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