Announcement Of Appointment Of Vice President - Doug Bancroft

Date of appointment:	15 Mar 2004
Name:	Doug Bancroft
Age:	42
Country of principal residence:	Canada
Whether appointment is executive, and if so, the area of responsibility:	Vice President, North America - in-charge of North America and Mexico operations - also manages the business development team in North America
Working experience and occupation(s) during the past 10 years:	President, Founder of Bantech Lasing - hands-on management of all aspects of painting, laser etching of automotive decorative components from 1999 until sale of company in 2003. For 12 years prior to starting own company, held various management positions in automotive companies:- 1. Magna International, a world-leading supplier of automotive components and systems 2. Solvay Automotive, manufacturer of blow-molded fuel systems 3. Siemens Electric, North American Motor Operations, manufacturing engine cooling, HVAC and ABS systems

Other directorships

Past:
Chairman of the Board, CEO - Bantech Lasing

Present:
None

Shareholding in the listed issuer and its subsidiaries:
Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries:	None
Conflict of interest:	None

Information required by Rule 704(7)(h) Disclose the following matters concerning a director, chief executive officer, general manager or other executive officer of equivalent rank. If the answer to any question is "yes", full details must be given.
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(a)	Whether at any time during the last 10 years, a petition under any bankruptcy laws of any jurisdiction was filed against him or against a partnership of which he was a partner?
	No
(b)	Whether at any time during the last 10 years a petition under any law of any jurisdiction was filed against a corporation of which he was a director or key executive for the winding up of that corporation on the ground of insolvency?
	No
(c)	Whether there is any unsatisfied judgment against him?
	No
(d)	Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving fraud or dishonesty which is punishable with imprisonment for 3 months or more, or has been the subject of any criminal proceedings (including any pending criminal proceedings which he is aware of) for such purpose?
	No
(e)	Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or been the subject of any criminal proceedings (including any pending criminal proceedings which he is aware of) for such breach?
	No
(f)	Whether at any time during the last 10 years, judgment has been entered against him in any civil proceedings in Singapore or elsewhere involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or a finding of fraud, misrepresentation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings which he is aware of) involving an allegation of fraud, misrepresentation or dishonesty on his part?
	No
(g)	Whether he has ever been convicted in Singapore or elsewhere of any offence in connection with the formation or management of any corporation?
	No
(h)	Whether he has ever been disqualified from acting as a director of any corporation, or from taking part directly or indirectly in the management of any corporation?
	No
(i)	Whether he has ever been the subject of any order, judgment or ruling of any court, tribunal or governmental body, permanently or temporarily enjoining him from engaging in any type of business practice or activity?
	No
(j)	Whether he has ever, to his knowledge, been concerned with the management or conduct, in Singapore or elsewhere, of the affairs of ?
	(i) any corporation which has been investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; or
	(ii) any corporation or partnership which has been investigated for a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere,
	in connection with any matter occurring or arising during the period when he was so concerned with the corporation or partnership?
	No