RNS Number : 7765I
  Trans-Siberian Gold PLC
  24 November 2008
   

    

    Trans-Siberian Gold plc

    Directorate change 


    LONDON: 24 November 2008 - Trans-Siberian Gold plc ("TSG" or "the Company") (TSG.L) regrets to report the death of Dr Boris Fedorov, a
non-executive director of the Company since 31 March 2006. 

    Alexander Doumnov, TSG Chairman, said: 

    "The Board and Management of TSG are deeply saddened by the loss of Boris Fedorov, a prominent Russian reformer, economist and
businessman.

    As Russia's Minister of Finance and Deputy Prime Minister in the early 1990's, Dr Fedorov played a key role in the country's transition
from a central planning system to a market economy. He possessed a profound knowledge of international finance and gained unique practical
experience in this field with the European Bank for Reconstruction and Development and as Executive Director for Russia at the World Bank.

    He founded the United Financial Group, one of the most reputable investment firms in Russia, and also served as a long-standing
independent director of Gazprom and Sberbank. We were privileged to have him on the TSG Board and appreciated his commitment and
contribution to the Company's development.

    We deeply grieve for the loss of Boris Fedorov and express our sincere condolences to his family and friends."



    Ends
    Contacts:

    TSG
    Simon Olsen                     +44 (0) 1223 265760
       
    Seymour Pierce
    Stuart Lane                       +44 (0) 20 7107 8000


This information is provided by RNS
The company news service from the London Stock Exchange
 
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