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Press Releases / 2009 / Resignation of director 

Resignation of director

26/3/2009

New World Resources N.V. (“NWR”), Central Europe’s leading hard coal producer, announces that Christiaan Norval has today resigned from the Board of Directors of NWR (the “Board”), with the resignation taking immediate effect. Mr. Norval was a Non-Independent Non-Executive Director of NWR and commenced in that position on 12 June 2007.

Mr. Norval is the co-founder, Chief Executive Officer and Chairman of the Board of Directors of Green Gas International B.V. (“GGI”). He has served as a member of the Board of Directors of Green Gas DPB, a.s., a subsidiary to GGI since January 2008. GGI is an entity affiliated with NWR.

Due to conflicting commitments, in particular, the management of GGI, Mr. Norval decided to resign from the Board of NWR.

The Board and management of NWR would like to thank Mr. Norval for his time and services provided to NWR. We wish him well in his future business ventures, and with GGI.

For further information please contact:

New World Resources N.V.
Agnes Blanco Querido
Head of Investor Relations
Tel: +31 20 570 2270
Email: ablanco@nwrgroup.eu
Website: http://www.newworldresources.eu/



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