ann out: appt executive director

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ASX/MEDIA ANNOUNCEMENT
1st July 2008
Appointment of Executive Director Zewen Yang
As Co-Chairman of China Yunnan Copper Australia Limited (CYU) I am pleased to announce the appointment of Zewen Yang to the position of Executive Director. Mr Yang was previously a non-executive director of CYU and moves into an executive role overseeing Corporate Development, which will involve investigating acquisition of attractive companies and projects associated along with funding options to increase shareholder value. Mr. Yang has extensive mining industry experience and is well placed to lead the growth of the company.
Mr Yang was instrumental in negotiating and finalizing YCI’s initial cornerstone investment in CYU. Mr Yang is also the General Manger of China Yunnan Copper (Australia) Investment and Development Co. Ltd based in Sydney.
Mr Yang has 16 years experience in metal trading and mining project investments in China and Australia. He has previously worked for China Non-Ferrous Metals Import and Export Company and has been with the Yunnan Copper Industry (Group) Co. Ltd. since March 2004.
He has a Bachelor of Arts degree majoring in Economics and specializing in International Business from Sichuan University, China. He has also completed a Masters Degree in International Business at the University of New South Wales.
It is with great pleasure that CYU welcomes Zewen Yang as an Executive Director joining CYU.
Managing Director Salary
As advised to the market on 10 March 2008 Mr Jason Beckton was appointed as Managing Director of the Company. The Board have now completed a salary review for Mr Beckton and advise that his fixed remuneration has been set at $239,800 inclusive of superannuation entitlements.
The Company is entitled to terminate the employment upon giving three (3) months written notice. Further, the Company is entitled to terminate the agreement upon the happening of various events in respect of Mr Beckton’s solvency or other conduct or if he ceases to be a Director.
Norm Zillman
Co Chairman - CYU