Athens, June 2, 2011 - S&B Industrial Minerals S.A. ("S&B", "The Company") announces according to article 2§2(e) of decision 3/347/12.05.2005 of the Hellenic Capital Market Commission that the new twelve-member Board of Directors elected by the Ordinary General Assembly of the Company's Shareholders of June 1st, 2011, held a meeting on the same day and elected its members as follows:
1. ULYSSES P. KYRIACOPOULOS, Chairman, executive member
2. KALYPSO MARIA NOMIKOU, Vice Chairman, independent, non-executive member
3. KRITON LEONIDAS ANAVLAVIS, Chief Executive Officer, executive member
4. ROBERT JAMES CHAMPION DE CRESPIGNY A.C., Director, independent non-executive member
5. GABRIEL HAWAWINI, Director, independent, non-executive member
6. FLORA MARIA P. KYRIACOPOULOS, Director, non-executive member
7. RAPHAEL MOISSIS, Director, independent, non-executive member
8. ELENI PAPAKONSTANTINOU, Director, independent, non-executive member
9. ALEXANDROS SARRIGEORGIOU, Director, independent, non-executive member
10. JAN CAREL MAARTEN SCHOENFELD, Director, independent, non-executive member
11. ALAIN WALTER MARIE WIVINE SPEECKAERT, Director, non-executive member
12. EFTHIMIOS VIDALIS, Director, non-executive member
The term of office of the new members of the Board is three years and expires on June 30th, 2014.