RNS Number : 4252B
  Newfound N.V.
  15 August 2008
   


    Newfound N.V.

    ("Newfound" or the "Company")


    Appointment of Stephen Bentley as Group Finance Director

    Newfound N.V. (AIM: NFND) is pleased to announce that Stephen Bentley has today been appointed Group Finance Director and will join the
Board of the Company with immediate effect. This is the first Board appointment following Jayne McGivern's recruitment as Chief Executive
Officer and the recent �15m fundraising. 

    Mr. Bentley (55) joins the Company from oil services group RBG, where he was Group Finance Director and a member of the company's Board
and Executive Leadership Team from 2006. At RBG he was responsible for finance, financial reporting and information systems. 

    He also worked at Brunner Mond, the soda ash manufacturer, where he was Group Finance Director from 1996 to 2006 and left when the
company was bought by Tata Chemicals Ltd. Mr. Bentley has also worked in a number of other organisations including TDG, Ellis & Everard and
Thomson Publications. 

    Stephen Bentley trained as an accountant at Whinney Murray & Co. 

    Jayne McGivern, CEO of Newfound, said:
    "I am delighted that Stephen has agreed to join Newfound at this exciting time for the Company. Stephen's extensive experience across a
range of sectors, and in both public and private companies, will be vital in pushing Newfound forward and I am greatly looking forward to
working with him." 

    In addition to his proposed directorship of the Company, Stephen Bentley holds or has held the following directorships, and is or was a
member of the following partnerships, during the past five years:

 Name                                 Current  Past directorships/partnerships
                               directorships/
                                 partnerships

 Stephen Graham Bentley  None                  Brunner Mond Asset Management Limited
                                                            Brunner Mond CHP Limited
                                                     Brunner Mond Generation Company
                                                                             Limited
                                                          Brunner Mond Group Limited
                                                                Brunner Mond Limited
                                                          Brunner Mond (UK) Limited 
                                                       Brunner Mond Nominees Limited
                                                  Brunner Mond Soda Holdings Limited
                                                       Brunner Mond Trustees Limited
                                               Northwich Resource Management Limited
                                                                 Pampascrown Limited
                                                              RBG (Holdings) Limited
                                                                         RBG Limited
                                                   Transcontinental Holdings Limited
                                                                                    
                                                 Winnington Combined Heat and Power 
                                                                            Limited 
                                                  Winnington Combined Heat and Power
                                                                Developments Limited
                                                  Winnington Combined Heat and Power
                                                                  Operations Limited

    There are no further disclosures required under paragraph (g), Schedule Two of the AIM Rules for Companies.

    Enquiries:

 Newfound N.V.                          020 7470 2490
 Jayne McGivern, CEO

 Collins Stewart Europe Limited         020 7523 8350
 Adrian Hadden

 Citigate Dewe Rogerson                 020 7638 9571
 Media: George Cazenove / Nicola Smith


    Notes to Editors

    About Newfound:
    Newfound is a creator and operator of international luxury resorts and destinations. The Company has a high quality portfolio of resort
projects at Humber Valley in Canada, and Pinney's Estate in Nevis and Ocean's Edge in St. Kitts, both in the Caribbean.

    Admitted to trading on the AIM Market of the London Stock Exchange (AIM: NFND), Newfound has recently completed a �15m fundraising and
appointment of a new management team. 

    For more information, please visit www.newfoundresorts.com. 




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