Directorate Change

RNS Number : 9855I

Aurora Russia Limited

23 June 2011

Aurora Russia Limited ("AUR" or the "Company")

Directorate Change

Aurora Russia Limited is pleased to announce the appointment of Mr. Gilbert Chalk and Mr. Geoffrey Miller to the board of the Company as Non - executive directors.

Mr. Gilbert Chalk (aged 63) is a British citizen with extensive private equity and banking experience with Baring Private Equity Partners Limited and Hambros Bank Limited. Mr. Chalk also has considerable listed company expertise and is currently a board director of two listed companies, Castle Private Equity AG, a private equity and venture capital fund of funds and Vantage Goldfields Limited, an ASX listed South African Gold Mining Company.

Mr. Geoffrey Miller (aged 45) is a British citizen, resident in Guernsey, with over twenty years of experience in fund management and investment banking. He has particular expertise in Russia and emerging markets, having been Head of Research Marketing for Troika Dialog in Moscow and is an advisory board member of silkroutefinancial, an emerging markets focused investment bank. He is currently an executive director of Greenwich Loan Income Fund, an AIM and CISX listed investment company.

Gilbert Chalk will sit on the valuation and audit committee of AUR and Geoffrey Miller will sit on the valuation committee.

Dan Koch, Non-executive Chairman of AUR said: "We are delighted to be welcoming Gilbert Chalk and Geoff Miller to the Board. Their combined expertise in the private equity, emerging markets and the investment company arena will be a great asset as we continue to seek out opportunities for investment and optimising returns from our investments in the Russian market."

Gilbert Chalk holds, or has held the following directorships within the five years prior to the date of this announcement:

Current directorships	Past directorships
Castle Private Equity AG	Image Scan Holdings Plc
Constantine Group Plc	Clean Energy General Partner Limited
Vantage Goldfields Limited	Secure Mail Services Limited

Geoffrey Miller holds, or has held the following directorships within the five years prior to the date of this announcement:

Current directorships	Past directorships
Greenwich Loan Income Fund Ltd	Asset Management Investment Company plc
SmartMove Spain
silkroutefinancial
Asset Management Investment Company Ltd
International Finance Development Company S.A., Holding
Lombardia Capital Partners, Inc