Myanmar Investments International Limited announced that Michael Dean has notified the board of his intention to step down as Finance Director in due course. As such the company will begin a search for a new Finance Director. It is intended that Mr. Dean will continue to serve as the Company's Finance Director until a replacement can be appointed.

It is also anticipated that at the time Mr. Dean does step down from his position as Finance Director that he will continue to serve as a Non-Executive Director and will assume the role of Chairman of the Audit Committee and continue to be a member of the Investment Committee.