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Pike River Chief Executive Standing Down

Pike River Chief Executive Standing Down

Pike River Coal advises that Gordon Ward, who has been CEO and Managing Director of the company since May 2007, will leave Pike River with effect from 1 October 2010.

Mr Ward has led Pike River from its initial conceptual design 14 years ago through development to its second coal export shipment in September 2010, and the imminent start-up of the hydromining operations.

The Board wishes to express its thanks to Mr Ward for his significant contribution to the growth of the company over what has been an extended and often difficult period of mine development.

An announcement regarding Mr Ward’s successor will be made shortly.

Ends

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