18th January 2010

ADG announces new Managing Director

The Directors of ADG Global Supply Limited (“Company”) are pleased to announce that Mr John Mancini has been promoted to the role of Managing Director, with immediate effect.

John Mancini has been with the business since November 2007 as an Executive Director, Sales and Marketing and this promotion serves as just recognition and reward for his efforts to date.

Mr Andrew Greathead, the former Managing Director and founder of the original ADG Global Supply business, will step away from the day to day running of the Company but will remain on the Board as a Non Executive Director and focus on identifying strategic opportunities for the Company.

The Chairman of the Company, Mr David Schwartz, commented “The appointment of John Mancini to the role of Managing Director is part of a natural succession plan. The Company has great confidence that John can deliver on increasing shareholder value. On behalf of the Board we thank Mr Andrew Greathead for his contribution as Managing Director and wish him well in his new role. The Board is extremely pleased that his services and experience are still available to the Company.”

About Mr John Mancini B Bus
Employed by the Company for over two years, John Mancini holds a Bachelor of Business degree. Mr Mancini was previously with Ernst & Young as an Associate Director in its strategic growth markets division, where he spent considerable time assisting and finding growth solutions for WA fast growth private companies and listed entities.

Since joining the Company Mr Mancini has successfully led:

• the integration of the previous Rain One business;
• the development, creation and growth of its new Universal Pump division;
• the introduction of the Company’s customer relationship framework, including branding initiatives;
• a focus on potential corporate opportunities.

He is currently a Non-Executive Director of Intercon Millar Logistics and the Treasurer for Variety WA, a leading children’s charity.

Further Senior Management Appointments
In a further strengthening of the management team, the Company is also pleased to announce a number of new staff appointments.

Mr Paul Johnson has been appointed as Divisional Manager of the Company’s Drilling Fluids and Equipment division, Mr Nigel Burr has been appointed as Divisional Manager of its Procurement business unit and Mr Kevin Drake as Business Development Manager – Oil and Gas.

These appointments are expected to significantly enhance the Company’s Drilling Fluids, Equipment, Procurement and Strategic Sourcing capabilities.

Read the full ASX Announcement here