// ALEX STEWART GEOCHEMICAL

Timothy Elliott appointed as Divisional Managing Director

16th July 2007: The Alex Stewart Group is delighted to announce the appointment of Timothy Elliott as Managing Director of the Group's Geochemical Division. Tim is a Canadian National with a BSC in Geology. He has over twenty years of management experience in Geochemical industry in North America, the Caribbean and Africa.

Geochemical services is a core activity for the Alex Stewart Group. With facilities operating in South America, Africa, Europe and Asia, we are committed to enhancing capacity and customer service. Our goal is to provide leading turnaround times within the industry utilising modern technology to enhance our service delivery.

Tim will also assume the role of Managing Director of Omac Laboratories Ltd as Mike O'Neill has decided to retire from full time activities. Mike will continue to work part time for the Alex Stewart Group as Technical Advisor.

Tim will be based at our Omac laboratory in County Galway, Ireland and can be contacted as follows:

Telephone (Office): (35) (391) 841741
Telephone (Mobile): +44 (0) 7824 592 608
Email: timothy.elliott@alexstewart.com

16th July 2007

John Notman-Watt
Managing Director
Alex Stewart Group Ltd.