BGF Ballarat Gold

RNS Number:6937E
Ballarat Goldfields N.L.
16 June 2006

BALLARAT GOLDFIELDS NL
ASX and Media release: 16 June 2006


                       Changes to the Board of Directors


Ballarat Goldfields NL (BGF) advises the following impending changes to its
Board of Directors.

   * Mr Colin Smith, aged 70, will retire from BGF as Chairman, effective 31
    July 2006;


   * Mr Alister Maitland, aged 64, a non executive director with BGF will
    become Non Executive Chairman effective 1 August 2006;


   * Mr Wojciech Ozga, aged 57, currently General Manager of operations for
    BGF, will become an Executive Director and assume the role of Director of
    Operations, effective immediately;


   * The Company is currently searching for a new Non Executive Director,
    with relevant experience to join the Board.

Following the refinancing of BGF in August 2002, Mr Smith has served as Non
Executive Chairman, overseeing the Company's development to this stage. A
commitment to his family to reduce his work load is to be finally realised.

We thank Colin for his guidance and leadership over this defining period and
intend to wish him and Adrienne all the best for the future on his retirement.

Mr Maitland will become Non Executive Chairman of BGF. Mr Maitland is presently
a Non Executive Director and was appointed to the Board in July 2005. He is an
experienced company director and is currently Chairman of ASX listed Folkestone
Ltd. He is a former Executive Director of the ANZ Banking Group Ltd, and is a
Fellow of the Australian Institute of Company Directors, the Australian
Institute of Management and of the Financial Services Institute of Australasia.
Mr Maitland has a strong background in financial management, executive
stewardship and corporate governance, giving an ideal blend of skills as
Chairman as the Company moves forward.

Wojciech (pronounced "Voytek") Ozga is a new appointment to the Board. He is
currently employed as the General Manager of operations having joined BGF in
September 2005. Wojciech is a mining engineer, with extensive international and
domestic operating and project development experience. He brings to the Board of
BGF high level operational and analytical mining experience. Please see attached
the Appendix 3X - Initial Director's Interest Notice.

Accordingly the Board will comprise:

* Alister Maitland (Non Executive Chairman)

* Mike Etheridge (Non Executive Director)

* Richard Laufmann (Managing Director)

* Wojciech Ozga (Director of Operations)

* Additional Non Executive Director (currently under search)



Background on Directors
Alister Maitland (Age 64) - B Com, FAICD, FAIM, FAIB
Non Executive Director


Alister is a former Executive Director of the ANZ Banking Group Ltd and served
in New Zealand, the United Kingdom and Australia. Amongst other positions, he
was Chief Economist and Managing Director of New Zealand and Executive Director
International.

He is the Chairman of Folkestone Ltd, the Eastern Health Network and a former
Director of Pengurusan Danaharta Nasional Berhad in Malaysia. Alister is also an
Adjunct Professor and Council member of Global Sustainability at RMIT. Previous
directorships held in the last three years include Chairman of ComLand Limited
and Healthcorp Group Pty Ltd.

Alister joined the Board in July 2005 and is the Chairman of the Audit
Committee.


Wojciech Ozga (Age 57) - B Eng (Mining)
Executive Director

Wojceich is a mining engineering with 34 years experience spanning many
countries and has been engaged as the General Manager at BGF since September
2005. Most recently, Wojciech spent 2 years in Kazakhstan as Director of the
Kazakhstan Operations for AIM listed Celtic Resources Holdings plc, where he was
responsible for production from two heap leach operations and construction of
the processing plant and underground mine development. Prior to this, Wojciech
was employed by WMC Limited as General Manager Central Norseman and Group
Manager Mining Projects. In his capacity as Group Manager Mining Projects,
Wojciech managed the Olympic Dam mine expansion. Wojciech brings a wealth of
operating and development experience to the Company.


For further information, please visit our website www.ballarat-goldfields.com.au
or contact Joel Forwood, Manager Corporate and Markets, on 03 5327 1111.


                                      END



                                                                    Rule 3.19A.1

                                  Appendix 3X


                       Initial Director's Interest Notice


Information or documents not available now must be given to ASX as soon as
available. Information and documents given to ASX become ASX's property and may
be made public.

Introduced 30/9/2001.

Name of entity - Ballarat Goldfields NL
ABN - 50 006 245 441


We (the entity) give ASX the following information under listing rule 3.19A.1
and as agent for the director for the purposes of section 205G of the
Corporations Act.

Name of Director                               Wojciech Ozga

Date of appointment                            16 June 2006


Part 1 - Director's relevant interests in securities of which the director is
the registered holder

In the case of a trust, this includes interests in the trust made available by
the responsible entity of the trust


Note: In the case of a company, interests which come within paragraph (i) of the
definition of "notifiable interest of a director" should be disclosed in this
part.



Number & class of securities
Ozga SuperFund Pty Ltd - 370,000 Ordinary Fully Paid Shares
Mr Wojciech Ozga - 1,500,000 Options, exercise price 25 cents, expiry date 30/09
/08





Part 2 - Director's relevant interests in securities of which the director is
not the registered holder

In the case of a trust, this includes interests in the trust made available by
the responsible entity of the trust

Name of holder & nature of interest                     Number & class of
                                                        Securities
Note: Provide details of the circumstances giving rise  
to the relevant interest.                               
Mrs Irena Ozga                                          350,000 Ordinary Fully
                                                        Paid Shares


Part 3 - Director's interests in contracts


Note: In the case of a company, interests which come within paragraph (ii) of
the definition of "notifiable interest of a director" should be disclosed in
this part.

Detail of contract
Nature of interest
Name of registered holder
(if issued securities)
No. and class of securities to which interest relates






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

END
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