md gone

Unforgiving times

1 December 2008
Managing Director’s Resignation

The Company advises that Mr Dale Rogers' contract as Managing Director of Albidon Limited has expired and that by mutual agreement it has been decided not to extend the contract. As a consequence Mr. Rogers has resigned as a Director of the Company. We would like to recognize Dale’s
contribution to the development of the Munali Nickel Project.
As an interim measure, directors Alasdair Cooke and Paul Chapman have been appointed joint Managing Directors.
An executive search has been initiated to fill the Managing Director's role on a permanent basis.