Board Changes

Aug 30, 2006

ASX RELEASE – Wednesday 30th August 2006

Directors of Jumbo Corporation Limited (ASX:JUM) would like to advise the following changes to the Board of Directors effective immediately.

  • Mr Jon Starink and Mr David Barwick have been appointed as non-executive directors.
  • Mr David DeCampo resigns as Executive Director responsible for Gaming Activities for personal reasons. He has agreed to a consulting contract that extends until June 2007 to continue assisting Jumbo in its developments.
  The new Board of Directors is as follows.
  • Mr Alan Phillips Non-executive Chairman
  • Mr Mike Veverka Executive Director and Chief Executive Officer
  • Mr Jon Starink Non-executive Director
  • Mr David Barwick Non-executive Director
  • Mr David Taplin Company Secretary
  “I wish to thank Mr DeCampo for his valuable contribution to the growth of Jumbo over the past year and I welcome Mr Barwick and Mr Starink to the board”, said Mr Mike Veverka. “Both Mr Starink and Mr Barwick have significant knowledge and experience to guide Jumbo through it’s international expansion plans over the next few years”, he said. “Mr Starink has considerable experience in the UK and Mr Barwick has experience in North America which are both important markets for Jumbo’s future”, he said.   Jon Starink (Age 55) Based in London, Mr Starink's 30 years experience includes corporate finance, strategic business development, and corporate governance in Australia and the UK. He has served on the Boards of two enterprises taking one public on the ASX and the other on the London Stock Exchange Alternate Investment Market. Mr Starink has over the past 10 years witnessed the growth of the Internet and has an understanding of the potential that lies ahead. He has accumulated significant technical qualifications that include a Bachelor of Science with First Class Honours in Chemistry (University of Sydney), a Bachelor of Chemical Engineering with First Class Honours (University of Sydney) and a Master of Applied Science in Molecular Biotechnology (University of Sydney). He is also a Chartered Professional Engineer, a Chartered Scientist and a Chartered Chemist. Mr Starink was invited to the board of Jumbo to assist and advise the company through its current growth plans that include international expansion particularly in the UK.   David Barwick (Age 62) Mr Barwick is an accountant by profession with over 35 years experience in the management and administration of publicly listed companies both in Australia and North America. During this period he has held the position of Chairman, Managing Director or President of over 25 public companies covering a broad range of activities. Mr Barwick has been Executive Chairman of Global Approach Limited since 1996 and has been instrumental in the restructure of the company into an online gaming company in 2003. He is currently the Chairman, President and CEO of Macarthur Minerals Limited (Toronto Stock Exchange), Chairman of Metallica Minerals Limited (ASX Listed) and has served on the boards of Crescent Gold Limited, LV Living Limited and Eastern Corporation Limited.   For further enquiries, please contact: Mike Veverka, CEO Email: mike@jumbocorporation.com Web: www.jumbocorporation.com

Media Assets

 30082006.pdf