Board Changes for Holcim New Zealand

13 November 2007

Leading supplier of cement, aggregates, ready mixed concrete and lime, Holcim (New Zealand) Ltd, has announced three recent appointments to its Board.

Former member of Parliament and Cabinet Minister Simon Upton joins the Holcim New Zealand Board, furthering his four year involvement with Holcim internationally as an Advisory Board member of its Swiss-based Holcim Foundation for Sustainable Construction. Until January this year, he chaired the Round Table on Sustainable Development at the OECD.

A second new Board member, Paul O'Callaghan, has over 20 years experience in the cement industry, most recently having spent six years as Chief Operating Officer for Holcim Philippines. Prior to moving to the Philippines in 2001, he held a variety of positions in Queensland Cement Ltd in operations, in sales and marketing and in project management. He is also a director of Cement Australia.

Jeremy Smith, who took up the role of CEO of Holcim (New Zealand) Ltd in June, has now been appointed Managing Director. He joined Holcim New Zealand in 2000 and has held General Management positions in both the Lime and Cement divisions. A qualified lawyer, he previously worked in executive management roles with Eskimo Logistics Group.

Announcing the appointments Board Chairman, John Lindsay, said, " These new Board members bring with them a broad range of experience and valuable perspectives. They will contribute strongly in working with our management team to ensure the company continues to play an important role in New Zealand's development. "

Holcim (New Zealand) Ltd is a leading New Zealand supplier of cement, aggregates, ready mixed concrete and lime. Its involvement in the New Zealand building industry dates back to 1888, and today it operates more than 35 sites and employs approximately 550 people. It is part of the Holcim Group, one of the world's leading suppliers of cement, aggregates and construction-related services represented in over 70 countries on all continents.

For further information please contact:
Mary Pauwels
Phone 03 339 7553 or 021 451 084