The Board of SDI Limited announced that Non-Executive Director and Chairman, Mr. John Norman Isaac who retires by rotation at the 2013 Annual General Meeting has informed the Board that he will not seek re-election. Mr. Isaac's retirement is effective October 4, 2013. Mr. Steven James Molver has resigned as Non-Executive Director of the company effective October 4, 2013.

The current Managing Director and founder of the company, Mr. Jeffery James Cheetham will take on the position of Executive Chairman and Managing Director. The Board welcomed Mr. Gerard Desmond Kennedy to the Board as a Non-Executive Director, effective October 4, 2013. Mr. Kennedy is a Principal in the Law firm of Macpherson and Kelley Lawyers and has spent many years in advising clients on matters of mergers and acquisitions, contract, licensing, joint ventures, tenders, corporate governance and compliance, Corporation law, and international trade.

The Board welcomed Mr. Cameron Neil Allen to the Board as a Non-Executive Director, effective October 4, 2013. Mr. Allen is currently the Managing Partner of WTS Australia which he established in 2010. The Board welcomed Mr. John Joseph Slaviero to the Board as an Executive Director, effective October 4, 2013.

Mr. Slaviero has been the CFO and Company Secretary of the company for over ten years and has over 30 years of finance and accounting experience in both the commercial and professional fields. Mr. Slaviero will continue to hold the positions of CFO and Company Secretary of the company in addition to being a member of the Board.