New invited Director Of LME Limited Announced

The LME has today announced that Jon-Harald Nilsen, Executive Vice President of Norsk Hydro has been appointed to serve on the board of The London Metal Exchange Limited as an invited director. His appointment is in succession to Mr John Pizzey, whose two year appointment expired in February 2004.

Commenting today Mr Simon Heale, LME Chief Executive said:

“I am delighted that Jon-Harald has accepted this appointment. He brings to the LME substantial experience of the metals trade with him and he is highly respected by his colleagues in the industry. We rely to a great extent on the different perspectives that invited directors bring to the Exchange and I am sure that his insights will add tremendous value to the LME going forward.”