OREANDA-NEWS. November 25, 2011. XXI Century Investments Public Limited announces that Jaroslav Kinach has tendered his resignation as an Executive Director of the Company with immediate effect.

Having served XXI Century in an executive capacity on the board since the Company was launched on AIM in December 2005, Jaroslav Kinach has informed the Board that he would now like to step back from daily activities and responsibilities, and devote more time to other business interests.

Lev Partskhaladze, Non-Executive Chairman, said:

"I would like to take this opportunity, on behalf of the Company, to thank Jaroslav Kinach for his long service to the Company as an executive member of the Board. We are continuing to discuss with Jaroslav potential opportunities to work together going forward."