Director changes

RNS Number : 7855D

Aurora Russia Limited

01 May 2013

Aurora Russia Limited (the "Company")

Director changes

Further to the announcements made on 25 February 2013 and 15 April 2013, the Company announces that with effect from 1 May 2013 Grant Cameron has resigned as non-executive director of the Company. He has been replaced by Mr Lyndon Trott whose appointment to the Board of the Company as non-executive director took effect at the same time.

Mr Lyndon Trott, aged 48, is a British Citizen, resident in Guernsey. He is currently a non-executive director of a leading Guernsey-based fiduciary company and of the world's largest independent private equity and real estate fund administrator. He served a four year term as Guernsey's Treasury and Resources Minister and progressed to become the jurisdiction's longest serving Chief Minister. He has held several senior positions with a strong focus on corporate governance, oversight, financial regulation and risk management. His experience includes an extensive knowledge of capital markets from a variety of environments, including bank treasury management and the chairmanship of the board of trustees of a circa £1 billion pension fund. He also delivers wide ranging experience of the commercial property market and is a graduate of the Institute of Directors' company direction programme.

Lyndon Trott will sit on the audit committee, the valuation committee, the remuneration committee and management engagement committee.

Gilbert Chalk, non-executive Chairman of the Company said: "We are delighted to be welcoming Lyndon Trott to the Board. His stature and record in Guernsey and other wider experience will be a valuable addition to the Board."

Lyndon Trott holds, or has held within the five years prior to the date of this announcement, the following directorships and partnerships: