Metals Exploration PLC
01 May 2007
Metals Exploration Plc
('Metals Ex' or 'the Company')
Appointment of Non-Executive Director
1 May 2007
Metals Exploration Plc is pleased to announce the appointment on 1 May 2007 of
Jonathan Michael Kuvey Pearson, aged 57, as a Non-Executive Director of the
Company.
Jonathan has 40 years experience in banking. He has run a number of treasury
and securities trading businesses in his career, and spent four and a half years
based in Singapore in the mid 1980s with Standard Chartered Bank, latterly as
CEO of Standard Chartered Merchant Bank Asia.
His most recent appointment, between 1998 and 31 December 2005, was at Standard
Bank Plc where he was responsible for the Bank's activities in Europe, the
Middle East and Central Asia. He chaired the Bank's Assets and Liabilities
Committee and sat on its Executive and Credit Committees. In this latter
capacity he had significant exposure to the Standard Bank's mining finance and
precious metals trading and hedging activities.
Jonathan is currently a director with Melli Bank Plc. In the last five years has
held directorships at Standard Bank Plc and Sabanci Bank Limited.
Steven Smith, Chairman, commented: 'I extend a warm welcome to Jonathan on
joining the Board of Metals Exploration. His lifetime experience in banking,
with a strong international and mining flavour, will be of particular benefit as
our flagship Runruno project moves through feasibility and towards financing'.
There are no other requirements of Schedule 2 paragraph (g) of the AIM Rules
that fall to be disclosed.
Enquiries:
Metals Exploration Plc
Steven Smith, Chairman +44 (0) 7797 721 858
Jonathan Beardsworth, Chief Executive +44 (0) 7747101552
Jonathan Anderson, Investor Relations +44 (0) 7950 410 680 or
+63 (0) 917 560 6654
Collins Stewart Europe Limited (Nomad/Broker)
Chris Rollason /Adrian Hadden +44 (0)207 523 8350
Bankside Communications
Keith Irons/Simon Rothschild/Marc Cohen +44 (0)207 367 8888
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