ARG 1.43% $9.21 argo investments limited

sign of the times, page-10

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    Patterson's successor. From Chairman's address 26/10/09:-

    "Succession

    After 40 years of dedicated and loyal service to the Company, our Managing Director, Mr. Rob Patterson has indicated that he will be retiring at next years Annual General Meeting in October 2010.

    The Board and senior management have been preparing for this eventuality for a number of years and I intend to further update shareholders on our succession plans in March 2010.

    It is the Boards intention to invite Mr. Patterson to subsequently rejoin the Board as a non-executive
    Director following a well earned break. The expertise that he will continue to contribute to the Company in a non-executive role is considerable."
 
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