Wednesday, September 22, 2010

Banpu Offer Unconditional and Board Changes


Centennial Coal Company Limited (“Centennial”) notes the announcement that Banpu Minerals (Singapore) Pte Ltd, a subsidiary of Banpu Public Company Limited, has declared its off-market takeover bid for Centennial to be wholly unconditional.


Centennial announces that Catherine Brenner, Richard Grellman and Paul Moy have today resigned as Directors of Centennial. Centennial also announces that Chanin Vongkusolkit, Somruedee Chaimongkol and Rawi Corsiri, each being nominees of Banpu Public Company Limited, have today been appointed as Directors of Centennial.


Dr Kenneth Moss, Robert Cameron and Bruce Allan remain as Directors of Centennial. Dr Moss remains as Chairman.

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