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BACK
25 February 2010
Michael Overlander, Chief Executive of Sucden Financial, and Jim Coupland, Head of Base Metals at Standard Bank, have been re-elected to the Boards of both LME Holdings Limited and The London Metal Exchange Limited.
Mr. Overlander will retain his position as a shareholder representative (Ring Dealing Member) director and Mr. Coupland will retain his position as a shareholder representative (Associate Broker Clearing Member) director.
Under the respective companies Articles of Association, both were required to retire at the next Annual General Meeting and could offer themselves for re-election. Both have been re-elected as they were the only nominees for each vacancy, meaning no elections need take place. Each will retain their Board positions with effect from the end of the AGMs which are due to take place on 31st March 2010.
~Ends~
For further information or to speak to an LME spokesman, please contact:
Stephen White
Business Manager Corporate Affairs
t. +44 (0)20 7264 1701 / +44 (0)7980 661 724
e. stephen.white@lme.com
John Parry - RostronParry
t. +44 (0)207 490 8062 / +44 (0)7802 292251
e. john@rostronparry.com
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The London Metal Exchange is the world's premier base metals market. It offers metals price risk management tools including futures and options contracts for aluminium, copper, tin, nickel, zinc, lead, aluminium alloy and NASAAC, steel billet, plastics and the minor metals - cobalt and molybdenum. In 2009, the total value of trading was $7.41trillion, and the Exchange finished the year with 5.96m tonnes of material on warrant in 633 storage facilities across 39 locations globally.
http://www.lme.com/
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