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Management change

Posted 13 August 2009

ASX Releases

Tony Manini, OZ Minerals' Executive General Manager Exploration and Business Development, has decided to leave the Company during October in order to pursue private business interests.

"Tony’s contribution - first to Oxiana and then to OZ Minerals - has been of great significance, and it is disappointing to see him leave", said Terry Burgess, Managing Director and CEO of OZ Minerals. "It is a mark of his dedication that he has waited until there is stability within the Company to enable a planned handover. Tony has both the passion and the chance to pursue some private opportunities within the resources sector, and we all wish him well in that endeavour".

"I have thoroughly enjoyed my time at Oxiana and OZ Minerals and the decision to leave has been a very difficult one for me to make", said Tony Manini. "But, I have wanted to pursue my own interests for some time, and now that OZ Minerals is through its recent financial difficulties and Terry Burgess is in place as the Managing Director and CEO to take the Company forward, it is time to make the move."

Mr. Manini will continue to lead the Business Development and Exploration team at OZ Minerals for the present. The Company will make a further announcement in due course.
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