🕐16.12.09 - 04:34 Uhr

Arafura Resources appoints Dr Stephen Ward as MD and CEO



ASX ANNOUNCEMENT 16 December 2009 Arafura Resources appoints Dr Stephen Ward as Managing Director and Chief Executive Officer
Emerging Australian rare earths producer, Arafura Resources Limited (ASX: ARU) ("Arafura" or "the Company") is pleased to announce the appointment of Dr Stephen (Steve) Ward to the role of Managing Director and Chief Executive Officer with effect from 1 January 2010. Dr Ward has extensive executive management and Board experience in the chemical, mining and minerals processing industries, both in Australia and internationally.

He has an intimate knowledge of Arafura and the international rare earths industry having served as a Non-Executive Director of the Company since 2007. Dr Ward joins Arafuras executive management team after serving two years as Senior Vice President - Strategy and Development of Cristal Global, a privately-owned major global chemical and resources company. He also has strong global marketing experience gained working in a range of international appointments and has completed a range of M&A and capital raising activities for a number of companies. Prior to inviting an application from Dr Ward, the Board engaged independent recruitment consultancy Gerard Daniels to conduct a global search to identify suitable candidates.

Arafura Chairman Mr.

Ian Laurance said that while a number of candidates were identified in the search, the Board took the decision to approach Dr Ward to seek his interest in the position. "His decision to accept the role is a real coup for Arafura," Mr.

Laurance said.

"In addition to securing a person of Dr Wards calibre and experience to lead the Company, the Board is confident the appointment will allow Arafura to complete the Nolans Rare Earths-Phosphate-Uranium Projects Bankable Feasibility Study by the end of 2010."
To download full ASX Announcement and background information on Dr Ward click link: http://esp.gewru.com/download/files/12414/1034526/20091216%20-%20Arafura%20Resources%20appoints%20Dr%20Stephen%20Ward%20as%20MD.pdf
For more information contact: Ian Laurance Chairman Arafura Resources T: +61 8 6210 7666 M: +61 (0)408 448 868 Felicity Nuttall Professional Public Relations T: +61 8 9388 0944 M: +61 (0) 430 184 599 Arafura Resources Level 5/16 St Georges Tce Perth WA 6000 www.arafuraresources.com.au
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