25 November 2009
Anglo-Eastern Plantations PLC
("AEP" or "Company")
Director's Contract
AEP, which owns approximately 132,000 hectares of plantation land, primarily in Indonesia, announced on 21 August 2009 that Donald Low, who was appointed in August 2008, will remain with the Company as Acting Chief Executive until 25 November 2009.
The Board has today announced that Mr. Low will remain as Acting Chief Executive for at least another six months, until 25 May 2010.
In the meantime the Board will continue its process to identify the successor to Mr. Low.
A further announcement will be made in due course.
For further information, contact:
Anglo-Eastern Plantations plc |
Tel 020 7236 2838 |
Donald Low |
|
Charles Stanley Securities |
Tel 020 7149 6000 |
Russell Cook / Jen Boorer |
|