Paladin Resources PLC
21 February 2003
PALADIN RESOURCES plc
("Paladin" or "the Company")
Appointment of Non-executive Director
Paladin announces the appointment of Dr George Watkins CBE as a Non-executive
Director with immediate effect.
Dr Watkins joined the Conoco Group in 1973 and held several senior appointments
in both the UK and abroad, latterly as Vice President, Exploration and
Production in Houston with responsibility for upstream activities in the Gulf of
Mexico and Alaska and finally as Chairman and Managing Director of Conoco (U.K.)
Ltd in London, a position he held from 1993 until his retirement in 2002.
He is a past President of the UK Offshore Operators Association and was founding
Chairman of the UK Offshore Industry Safety Leadership Forum from 1997 until
2000. He was awarded the CBE in the 2000 New Year Honours List for his services
to the UK oil and gas industry.
Dr Watkins is also the Chairman of Scottish Enterprise Grampian, the entity
responsible for promoting economic development in the north east of Scotland,
and a Non-executive Director of Abbot Group plc.
The Company confirms that there is no information to be disclosed with regard to
Dr Watkins pursuant to Rule 16.4(b) of the Listing Rules of the Financial
Malcolm Gourlay, Chairman of Paladin, commented:
"We are delighted that George Watkins has joined the Board of Paladin. He has a
vast knowledge of and experience in the upstream oil and gas industry and has
gained recognition at the highest level for his considerable achievements. We
very much look forward to working with him."
21 February 2003
Paladin Resources plc Tel: 020 7024 4500
Malcolm Gourlay, Chairman
Roy Franklin, Chief Executive
College Hill Tel: 020 7457 2020
James Henderson / Phil Wilson-Brown
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