YRK - York Appoints New Chief Executive Officer

YRK - York Appoints New Chief Executive Officer                                 
The York Timber Organisation Limited                                            
(Registration number 1916/004890/06)                                            
Share code: YRK                                                                 
ISIN: ZAE000008108                                                              
("York" or "the Company")                                                       
PRESS RELEASE - YORK APPOINTS NEW CHIEF EXECUTIVE OFFICER                       
The Board of Directors of York Timber Holdings Limited (York) has announced the 
appointment of Pieter (Piet) van Zyl as Chief Executive Officer (CEO) of the    
company with effect from Wednesday, 8 April 2009.                               
Van Zyl was previously Managing Director of Hans Merensky Timber Limited from   
2004 until January 2009. Before that he was a director of Klein Karoo           
International and a senior business analyst at the IDC. 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 timber and sawmilling industry knowledge and expertise 
to York and his diverse skills cover manufacturing, marketing, change           
management, investment banking and people and strategy development," says Paul  
Botha, a Non-Executive Director of York.                                        
"The Board wishes to leverage Piet`s experience to steer York through the       
changing economic environment South Africa is currently experiencing," he adds. 
Lance Cooper, the company`s current CEO, will take on the position of Marketing 
General Manager of York and, as a result, 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 recent take-over of Global Forest       
Products.  We are fortunate to have retained his experience and specific        
knowledge of the company in this restructuring," says Botha.                    
ISSUED FOR:   YORK TIMBER HOLDINGS LIMITED (YORK)                               
CONTACT:      Paul Botha, Non-Executive Director: 011 268 4000/011              
             268 4002 (direct)                                                  
FAX NO:       086 680 4301                                                      
E-MAIL:       paulb@metier.co.za                                                
WEBSITE:      www.york.co.za                                                    
ISSUED BY:    YORK Corporate and Investor Communications                        
CONTACT:      Tish Stewart   011 442 5536 / 082 443 6399                        
FAX NO:       011 447 9317                                                      
E-MAIL:       tishstewart@mweb.co.za                                            
DATE:         09 April 2009                                                     
Date: 09/04/2009 08:37:28 Supplied by www.sharenet.co.za                     
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