Board and Management Changes

 

Landkom International PLC (AIM: LKI, "Landkom" or the "Company"), the Ukrainian producer of high-value oil seed rape and wheat, announces the resignation of Dr Keith Dawson as Executive Director and the appointment of Dr Stan Dziedzic as Managing Director of Ukrainian Operations with immediate effect.

Dr Dawson, principal crop consultant with the Scottish Agricultural College Limited ("SAC"), has left Landkom's Board to focus on the development of the agronomy consultancy practice at SAC. SAC will continue to be a key provider of agronomy support to Landkom.

Dr Dziedzic, 54, has over 25 years experience managing agricultural and food-based production businesses and will manage Landkom's Ukrainian operations. Dr Dziedic spent 13 years as director of business development at British Sugar Overseas (BSO) where he was responsible for R&D, production and general management. Previously he worked for Roquette Freres, one of the world's largest food technology manufacturers. He has a degree in food technology, a PhD in carbohydrate chemistry and post doctoral studies in food chemistry. He is fluent in English and Polish and has a working knowledge of Ukrainian.

Richard Spinks, Landkom CEO, commented:
"Our management team is evolving as the Company grows. I would like to thank Keith Dawson for his invaluable support to Landkom since its inception and to wish him every success in the development of the consultancy practice at SAC. I am delighted that Stan Dziedzic, who has worked with us for the last few months, is taking on the role of Managing Director in Ukraine. His contribution to the business is already noticeable and his experience, knowledge and strong management capabilities will add significant depth to our existing team on the ground."

For further information:

Landkom International PLC (www.landkominternational.com)
Richard Spinks, Chief Executive
Tel: +380 673 410 140

Libertas Capital
Aamir Quraishi/Stephen Pickup
Tel: +44 (0) 20 7569 9650

Liberum Capital
Simon Atkinson
Tel: +44 (0) 20 3100 2000

College Hill
Simon Whitehead/Adrian Duffield
Tel: +44 (0) 20 7457 2020

Note to Editors
Landkom International PLC is a large scale producer of agricultural feedstock, principally oil seed rape and wheat, for supply to the European biodiesel and food industries.

Operating in Western Ukraine in the prime, fertile lands close to the border with Poland, Landkom has secured a land bank in excess of 67,000 hectares (as at 3 March 2008) and has completed the plantation of its first commercial crop of over 10,000 hectares. Landkom has a target to increase the land bank in Ukraine to at least 350,000 hectares by 2011.

Landkom is implementing Western-style agronomy practices using modern agricultural equipment to carry out efficient, large-scale farming techniques that will result in greater return from the land, increase levels of employment in the region and support further investment into the local economy.

 

29 April 2008

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