YRK - The York Timber Organisation - Appointment of new chief executive officer

YRK - The York Timber Organisation  - Appointment of new chief executive officer
The York Timber Organisation Limited                                            
(Registration number 1916/004890/06)                                            
Share code: YRK                                                                 
ISIN: ZAE000008108                                                              
("York" or "the Company")                                                       
APPOINTMENT OF NEW CHIEF EXECUTIVE OFFICER                                      
The Board of Directors of York ("the Board") is pleased to announce the         
appointment of Mr Pieter (Piet) van Zyl as Chief Executive Officer ("CEO") of   
the Company with effect from Wednesday, 8 April 2009.                           
Piet knows the timber and sawmilling industry well as he was the Managing       
Director of Hans Merensky Timber Limited from 2004 until January 2009.          
Previously he was a director of Klein Karoo International and a Senior Business 
Analyst at the Industrial Development Corporation. He holds BSc Agric and BSc   
Agric Economics (Hons) degrees from the University of Pretoria, and completed   
his MBL through UNISA. Piet brings a wealth of knowledge and expertise to York  
with diverse skills covering manufacturing, marketing, change management,       
investment banking and people and strategy development.                         
The Board wishes to leverage Piet`s experience to steer York through the        
changing economic environment South Africa is currently experiencing.           
Lance Cooper, the Company`s current Chief Executive Officer, has agreed to take 
the position of Marketing General Manager of York and as a result he will step  
down as an Executive Director of the Company effective 8 April 2009. The Board  
thanks Lance for his tenure as CEO, guiding York through the take-over of Global
Forest Products.                                                                
Sabie                                                                           
9 April 2009                                                                    
Sponsor                                                                         
Barnard Jacobs Mellet Corporate Finance (Pty) Ltd                               
Date: 09/04/2009 07:05:02 Supplied by www.sharenet.co.za                     
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