OLDFIELDS HOLDINGS LIMITED — Board/Management Information 2012

Feb 28, 2012

29
February
2012

**ASX

Announcement
–
Resignation
of
Director
and
CEO
Succession**

Oldfields
Holdings
announces
the
resignation
of
Raymond
Titman,
Executive
Director
and
Chief Executive
Officer.

Ray
joined
Oldfields
in
May
1985
as
a
Queensland
based
Sales
Representative.

Within
a
short period,
Ray
expanded
the
Brisbane
operations
establishing
Oldfields
first
interstate
Scaffolding division.
In
2002
Ray
relocated
to
Sydney
and
was
subsequently
promoted
to
the
General
Manager role
for
Oldfields
Paint
Application
business.

Ray
significantly
contributed
to
the
establishment
of the
Indonesian
joint
venture
and
securing
major
customer
accounts.

In
July
2010,
Ray
accepted
the
Chief
Executive
Officer
position.
He
assisted
the
incoming Management
team
with
stabilising
and
commencing
a
turnaround
for
the
business,
providing
much needed
corporate
knowledge
and
many
long-­‐standing
customer
relationships.
Ray
will
continue
on with
Oldfields
as
a
group
consultant
until
the
30[th] March
and
has
agreed
to
return
on
a
project
basis if
required.
He
is
succeeded
by
Chris
Giles
as
Managing
Director
who
joined
the
company
in September
2010
and
has
recently
led
the
turnaround
of
the
scaffolding
division.

Maurice
Riviera,
the
current
General
Manager
Scaffold,
will
continue
to
manage
the
day
to
day operations
of
Oldfields
Advance
Scaffold
division.

After
almost
27
years
of
service
with
Oldfields,
the
Directors
and
staff
express
thanks
for
Ray’s valuable
contribution
to
the
company
and
our
good
wishes
for
his
future.

“Ray
is
a
true
gem.
He
has
given
unstintingly
to
the
company
and
its
staff
over
the
years.
He
will
be remembered
with
genuine
affection
and
we
wish
him
and
his
family
all
the
best
as
they
return
to their
Queensland
home.”
Said
Chairman,
Julie
Garland-­‐McLellan,
“His
hard
work
and
dedication
have been
a
major
component
of
our
turnaround.”

Julie
Garland
McLellan

Chairman

Oldfields
Holdings
Limited

For
additional
information
please
contact:

Robert
Coleman Company
Secretary Oldfields
Holdings
Limited Tel:
02
4627
0777 Mob:
0418
411
710

Julie
Garland
McLellan Chairman Oldfields
Holdings
Limited Tel:
02
4627
0777 Mob:
0411
262
470

Appendix 3Z Final Director’s Interest Notice

Rule 3.19A.3

Appendix 3Z

Final Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity OLDFIELDS HOLDINGS LIMITED

ABN 92 000 307 988

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	RAYMOND JOHN TITMAN
Date of last notice	26thJULY 2010
Date that director ceased to be director	29THFEBRUARY 2012

Part 1 – Director’s relevant interests in securities of which the director is the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Number & class of securities 23,924 ORD

• See chapter 19 for defined terms.

Appendix 3Z Page 1

11/3/2002

Appendix 3Z Final Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest Note: Provide details of the circumstances giving rise to the relevant interest GLEN TITMAN –RELATED PARTY	Number & class of securities 20,000 ORD

Part 3 – Director’s interests in contracts

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
No. and class of securities to which interest relates	N/A

• See chapter 19 for defined terms.

Appendix 3Z Page 2

11/3/2002