Lonrho: Appointment of New Finance Director

1 December 2008
Content from a Premium Partner
Lonrho (London)
press release

Lonrho Plc (AIM: LONR), the conglomerate with a structured portfolio of African investmentsis pleased to announce the appointment of David James Armstrong as Finance Director of Lonrho with immediate effect.

Mr Armstrong (FCA), age 43, brings with him extensive experience of operating across Africa having been, until October 2004, the Commercial Director of Diageo Africa with combined functional responsibility for finance, information systems, strategy and business development. Mr Armstrong contributed to the successful deployment of Diageo's pan-African growth strategy, encompassing over 50 countries. More recently, Mr. Armstrong has been the COO of McArtherGlen in the UK and Europe with retail sales of Euros 1.3 billion.

With Mr Armstrong's appointment as Finance Director of Lonrho today, Ms Jean Ellis has stood down as the Company's Finance Director and today assumes the role as a non-executive director of the Company.

David Lenigas, Lonrho's Executive Chairman commented:

"We are delighted to welcome David Armstrong as Finance Director of Lonrho. Mr. Armstrong brings to our Board a wealth of experience in the financial and business worlds with particular emphasis onAfrica. I look forward to working closely with Mr. Armstrong as we continue to grow our business and we believe that his contribution and expertise will be of considerable value as Lonrho's presence increases throughout the African continent.

"I would also like to thank Jean Ellis for all of her hard work in the past and I am delighted that Lonrho will still benefit from her continued support and advice in her new role as a non-executive director of the Lonrho Board."

Enquiries

LonrhoPlc

www.lonrho.com

+44(0)2070165105

DavidLenigas,Executive Chairman +44(0)7881825378

Geoffrey White, Chief Executive Officer +44 (0)7717 307 308

Emmade Borchgrave,ExecutiveDirector +44(0)7867785177

Pelham PR

CharlesVivian +44(0)2077436672, +44(0)7977297903

James MacFarlane +44(0)2077436375, +44(0)7841 672831

Collins Stewart Europe Limited

Hugh Field +44 (0) 20 7523 8350

ADDITIONAL DISCLOSURE:

Mr Armstrong holds or has held the following directorships, and is or was a member of the following partnerships during the past five years:

Current directorships/partnerships

Past directorships/partnerships

Amoria Limited

Guinness Nigeria plc

Amoria Brands Limited

Guinness Ghana Limited

Ministry of Ideas Limited

Seychelles Breweries Ltd

Spritz UK Limited

CMMUDV SA

Namibian breweries Plc

McArthurGlen (UK) Ltd

Spritz Limited

There are no further disclosures required under paragraph (g), Schedule Two of the AIM Rules for Companies in respect of Mr Armstrong.

Read the original article on Lonrho.

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