The board of directors of Eurasian Natural Resources Corporation PLC announces that Dr Johannes Sittard chairman and non executive director of the group, has stepped down with immediate effect.

The board further announces the appointment of Mr Mehmet Dalman as the new chairman.

Mr Mehmet Dalman chairman of ENRC said that "I am honored to be taking over as chairman in what is a time of great opportunity for the Company. In thanking Dr Sittard for his stewardship over the past decade, it is a fact that he leaves a company with excellent assets, talented teams and great optionality in a sector which increasingly rewards those attributes. I look forward to leading ENRC in this new chapter and working with all stakeholders to realize the Company's potential."