PTHI Prome. Ind.

    RNS Number : 9610X
  Promethean India PLC
  01 July 2008
   

 For immediate release  1 July 2008



    Promethean India PLC
    (the "Company")

    Board Appointment


    Promethean India PLC, an investment company that focuses on businesses that operate in India, today announces the appointment of Gaurav
Burman to its Board of Directors.

    As a founding partner and senior member of the investment team, Gaurav has been at the helm of Promethean India since its launch in
April 2007. He will be joining the Promethean Board with effect from 1 July 2008.

    Gaurav, aged 36, has extensive experience within the Indian capital markets. He was previously an investment director at Dresdner
Kleinwort Capital and prior to this, Gaurav was based in New Delhi, India where he worked for the Business Development team at Dabur India
Ltd. In 1993, he graduated from Tufts University, with a dual degree in Economics and History. 

    Gaurav is currently a partner of Promethean India LLP and holds directorships in Dabur Oncology plc, Promethean Investments (Carry)
Limited, Promethean Investment (General Partner) Limited, Intermediactive Group Limited and Promethean Investments Fund II (General Partner)
Limited.  Gaurav has previously been a director of KFS Group Ltd, Veemon Ltd and Quintessentially (UK) Ltd.

    Commenting on the appointment, Sir Peter Burt, Chairman of Promethean, said; 

    "Gaurav has played a crucial role in the success of Promethean India since its flotation. His elevation to the Board is testament to his
broad commercial experience and business knowledge especially within the Indian market. I have no doubt that as a Board member he will
continue to make a valuable contribution to the success of Promethean India."

    For further information please contact:

 Gaurav Burman
 Promethean India PLC            +44 (0) 20 7479 7660

 Nandita Sahgal / Parimal Kumar
 Seymour Pierce Limited          +44 (0) 20 7107 8000

 Mark Edward, Nicola Cronk
 Buchanan Communications         +44 (0) 20 7466 5000








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