Advance Frontier Markets Fund Ltd
Appointment of non-executive director
The Board of Advance Frontier Markets Fund Ltd ("the Company") is pleased to announce the appointment of Mr John Whittle as a non-executive director of the Company with effect from 1 February 2012.
John Richard Whittle (56) is a resident of Guernsey. He is a Chartered Accountant and was until recently Finance Director of Close Fund Services where he successfully initiated a restructuring of client financial reporting services and was a key member of the business transition team. He was at Price Waterhouse in London before embarking on a career in business services, predominantly in telecoms. He co-led the business turnaround of Talkland International (now Vodafone Retail). He is a non-executive director of International Public Partnerships Limited, Aurora Russia Limited, India Capital Growth Fund Limited and a number of other companies.
Enquiries:
Advance Emerging Capital Limited (Investment Manager to Advance Frontier Markets Fund Limited)
Dr Slim Feriani Tel: +44 (0)20 7016 0030
Email: sferiani@advance-emerging.com
Grant Thornton Corporate Finance (Nominated Adviser)
Philip Secrett Tel: +44 (0)20 7383 5100
Numis Securities Limited (Nominated Broker)
David Benda Tel: +44 (0) 20 7260 1275
APPENDIX
John Whittle
Current Directorships (other than the Company) - incorporated in Guernsey unless otherwise stated:
Aurora Russia Limited
Avoca Senior Loans Europe Limited
B & Q Retail (Guernsey) Limited
B & Q Retail (Jersey) Limited (incorporated in Jersey)
CPL Guernsey Limited
CPL GP Limited
EMP Europe (CI) Limited
GC Dynamic Investments ICC Limited
Dynamic Fund IC Limited
India Capital Growth Fund Limited
International Public Partnerships Limited
Merchant Financing Funds ICC Limited (incorporated in Jersey)
The Merchant Gemini Turnaround Fund IC Limited (incorporated in Jersey)
Merchant Asset Management (Guernsey) Limited
Mid Europa III Management Limited
Perusa Partners Management Limited
Pont du Val Limited
Saunderton Data Centre GP Limited
Sciens Global Strategic Fund Limited (incorporated in the Cayman Islands)
Sciens Acqua Master Fund Limited (incorporated in the Cayman Islands)
Steadfast Capital III (GP) Limited
The IPM renewable Energy Fund ICC Limited
The Solar Park Fund (GBP) IC Limited
The Offshore Mutual Fund PCC Limited
Guernsey International Management Company Limited
The Sustainable Forestry ICC Limited (dormant)
Sustainable Agroforestry IC Limited (dormant)
Sustainable Red IC Limited (dormant)
Sustainable Teak and Agarwood IC Limited (dormant)
Other directorships held within the past 5 years:
Aurora II GP Limited
Blue Skye GP Limited
Close Fund Services Limited
GS High Frequency IC Limited
GS Volatility Strategy IC Limited
Legion International Limited
MSS UK Property Index Fund Management Limited
There is no further information to be disclosed under Schedule Two, paragraph (g) of the AIM Rules.
24 January 2012
END
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