Retirement of Chairman/Appointment of New Chairman

Document date:  Fri 27 Apr 2001
Published:  Fri 27 Apr 2001 00:00:00
Document No:  176021
Document part:  A
Market Flag:  N
Classification: 

AUSTRIM NYLEX LIMITED                         2001-04-27  ASX-SIGNAL-G

HOMEX - Melbourne                                                     

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Austrim Nylex Limited wishes to announce the retirement today of Mr
Alan Robert Jackson AO, as Chairman of the Company for health
reasons.

The Board has appointed Mr John Arthur Moule AM, 62 years, as the new
Chairman.

Mr Moule paid tribute to Mr Jackson, who established Austrim Nylex in
1996 and has built up the Company to be a diversified industrial
group covering consumer and industrial products as well as plant
hire.

"Mr Jackson has been one of Australia's great business achievers,
having established and managed major industrial groups in Australia
and overseas. We will continue to seek his advice on the ongoing
operations of Austrim Nylex", said Mr Moule.

Mr Jackson was previously Managing Director of BTR Nylex Australia
for 13 years and Chairman of the BTR Nylex Group in Australia. He was
Managing Director and Chief Executive of BTR Plc in Britain. In 1985
Mr Jackson was awarded Australian Businessman of the Year by Business
Review Weekly and in 1989, Australian Businessman of the Year by
Australian Business Magazine. In 1993 Mr Jackson was named Europe's
CEO of the Year by the US-based Financial World Magazine. Mr Jackson
received the award of Officer of the Order of Australia in 1993.

Mr Moule is a Chartered Accountant and a Foundation Fellow of the
Australian Institute of Company Directors. He is Chairman of the
Gribbles Group and a director of Toll Holdings Limited and National
Wealth Management Holdings Limited (a subsidiary of National
Australia Bank including MLC Holdings Limited and MLC Hong Kong
Limited and Chairman of the audit committee of the Global Wealth
Management Group).

Mr Jackson, 65 years, will remain a Director of the Company.

J A Moule
CHAIRMAN

FOR FURTHER ENQUIRIES CONTACT: 

Peter Crowley 
on +61 3 9529 2999


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