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Energy Developments Appointment of Chief Financial Officer

7 May 2008

ENE Appointment of Chief Financial Officer

7 May 2008

Energy Developments Limited (ASX Code: ENE) is pleased to announce the appointment of Mr Brendan Gill to the position of Chief Financial Officer (CFO), commencing Monday 9 June 2008.
His appointment follows an executive search to fill the role vacated in December last year when Mr Greg Pritchard was promoted to the position of Managing Director.

Mr Gill is a highly experienced senior finance executive who has spent the past year as CFO of Brisbane-based resources company Emperor Mines Limited prior to its recent merger with Intrepid Mines Limited. Mr Gill is currently CFO of Intrepid Mines Limited.

Mr Gill’s previous experience includes senior finance positions in the BHP Billiton group, including Vice President Finance, Carbon Steel Materials division (2006) and Chief Financial Officer, Stainless Steel Materials division (2003-2006).

He has previously held a number of other senior positions with the BHP Billiton group, including the role of Chief Financial Officer of the Nickel division (2001-2002) and Global Lead Risk Management and Audit (2000-2001).

Mr Pritchard said the appointment of Mr Gill was timely with the Company remaining on target to refinance its Australian debt portfolio by 30 June 2008 and moving forward with its plans to exploit its established strategic position in the burgeoning renewable and clean energy business in Australia, the United States and Europe.

Mr Gill has been a member of CPA Australia since 1986, and holds a Bachelor of Business awarded by the Royal Melbourne Institute of Technology in 1984.

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