arl/nlx board links to $25m nhr deal

ace pty ltd and westrac involved in the recent $25m deal with NHR have links with some arl/nlx board members:

Mr Richard Daniel (Dick) Nitto
Chairman
Age: 58 Date of Appointment: 27 August 2001
Mr Nitto, who is currently Chairman of the Landfill Gas & Power Holdings Pty Ltd Group and WesTrac China, Chief Executive Officer of Westrac Holdings Pty Ltd and Executive Director of WesTrac Equipment Pty Ltd, was formerly Chairman of Caterpillar with whom he worked for 33 years. He is currently an Alternative Director for the Caterpillar Institute in Western Australia

Brian Francis O'Donnell
Non Executive Director
Age: 40 Date of Appointment: 21 March 2001
Brian O'Donnell is a Director and Group Treasurer of Australian Capital Equity Pty Limited. Prior to this, he worked for 12 years as an accountant, banker and investment banker . Brian is a Chartered Accountant, and Member of the Finance & Treasury Association and Australian Institute of Company Directors. He is a Director of @www Pty Ltd, Landfill Gas & Power Pty Ltd and Newslink Pty Ltd and an Alternate Director of HRL Limited.

Kerry Matthew Stokes AO
Alternate Director for K H Parker
Age: 63 Date of Appointment: 15 October 1996
Mr Stokes has experience in building, property development and associated real estate activities. Through his private companies, Mr Stokes has interests in media, property, manufacturing and investment ventures and is Chairman of Seven Network Limited.


a possible trade sale of the ah plant into nhr/cat rental stores would not suprise