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FINBAR GROUP LIMITED Board/Management Information 2011

Dec 6, 2011

64943_rns_2011-12-06_846ff263-563a-4e67-a3b6-03b5b3651f4a.pdf

Board/Management Information

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ASX Release

7 December 2011

Director Appointment

Western Australian property development company, Finbar Group Limited (“Finbar” or “the Company”) (ASX:FRI) , is pleased to announce the appointment of experienced company director, Mr Lee Verios, as a Non-Executive Director with immediate effect.

Mr Verios is a well credentialed commercial lawyer having practised in Western Australia for over 40 years. Until his retirement in 2010, Mr Verios was Partner in the international law firm of Norton Rose and the leader of their Commercial Property division in Perth. Throughout his legal career, Mr Verios has held senior management roles in each of the firms of which he has been a member.

In addition to his legal practice, Mr Verios is an experienced company director, having held positions in a variety of public and private enterprises.

He has been a director of privately owned investment company Wyllie Group Pty Ltd since July 2004, is Chairman of ASX listed property developer Port Bouvard Limited, and NonExecutive Director of ASX listed Decmil Group Limited, a design and civil engineering construction company.

Mr Verios is a member of the Australian Institute of Company Directors, the Law Society of Western Australia, the Hellenic Australian Chamber of Commerce and Industry and was previously Chairman of the Australian Indonesian Business Council (WA Branch).

John Chan, Executive Chairman of Finbar said, “Lee will bring a high level of property and commercial experience to the Finbar board, a board which prides itself on having access to some of the most practical and knowledgeable property minds in the State. I welcome Lee on behalf of all our shareholders and look forward to his contribution in helping Finbar achieve its strategic objectives.”

- ENDS -

For further information, please visit www.finbar.com.au or contact:

Darren Pateman Professional Public Relations
Managing Director James Harris
Finbar Group Limited Tel: 08 9388 0944
Tel: 08 9474 4460 Email: [email protected]

ABOUT FINBAR

Finbar Group Limited, its controlled entities and its jointly controlled entities, is a property development company whose core business lies in the development of medium to high density residential apartments and commercial property within the State of Western Australia.