The Board of Leed, the natural resource focused investment company, reports that Nicholas Lee has been appointed as Non-Executive Director of the Company with immediate effect.

Mr Nicholas Lee (49) started his career with Coopers & Lybrand. He then moved to Dresdner Kleinwort Benson, working with the bank for over 20 years in several roles. Mr. Lee is currently Head of Corporate Finance at Novus Capital Markets Limited. He is also Chairman of Viridas plc, a mining investment company listed on AIM and holds several directorships outlined below.

Additional disclosures pursuant to Schedule 2 (g) of the AIM Rules:

Current directorships:

ACL Capital Limited Centurion Resources plc Viridas plc Brady Exploration plc Novus Capital Markets Limited

Past directorships:

Waste Power Generation Limited Paragon Diamonds plc Gardener Holdings (Kent) Limited Sweet China Limited

There is no other information that is required to be disclosed with regards to the appointment of Nicholas Lee pursuant to Schedule 2 paragraph (g) of the AIM Rules.

Peter Redmond, Chairman of Leed, commented, "We welcome Nick to the Board of Leed, he will be a valuable addition to the team. As we continue to develop our business, Nick's experience with investment companies and industry background will be highly valuable in helping drive the company forward."

Tags: Leed Petroleum PLC