Mike Bohm, the current Managing Director of Herencia Resources PLC, has advised the Board that, for personal reasons, he intends to step down from his operational role with effect from 30 June 2012. The Board has identified a successor, Graeme Sloan, who will commence duties with Herencia in May 2012 and subject to regulatory approvals will join the board thereafter. It is intended that there will be a handover period before Mike relinquishes the role formally on 30 June 2012. The Board is delighted that Mike will be staying on with the company as a Non-Executive Director noting that with his wife, Charmaine Lobo, he holds 35,126,249 Ordinary Shares, representing 2.31% of the total issued share capital of the company.