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Libet S.A., a leading Polish cobblestone producer and a market leader in the premium cobblestone segment has announced its plans to change the leadership of the Company’s Management Board. Thomas Lehmann is to become member of the Management Board on 1 July 2011, taking on the duties of President of the Management Board and Managing Director. He will replace Robert Napierała in the position, who will now become Board Member responsible for Sales and Marketing and Customer Relations.

Thomas Lehmann has extensive experience in the sector gained during over 16 years of work in executive positions with building materials providers, among them cobblestone, aggregate and cement producers.

Thomas Lehmann’s professional experience includes management of Tarmac’s business in the region, in the position of Director for Poland, Germany and the Czech Republic, and more than 10 years of career in executive positions with companies operating on the surface materials market. Between 2007 and December 2010 Mr. Lehmann managed 54 aggregate manufacturing plants, 13 concrete plants and shared service centres across the three countries. He was responsible for staff management and professional development of 1500 employees in Poland, Germany and the Czech Republic. Before that, he managed the business of Optibau GmbH in the area of aggregates and prefabricates in East Germany. Thomas Lehmann embarked on his professional career in 1995 at Lafarge, where he was Sales Manager.

Besides, he acquired experience in management in East Germany during the crisis of the late 1990s, at the time of a sharp slump in the industry.

After Libet became part of Tarmac Group in 2000, Thomas Lehmann was closely involved with most acquisitions carried out by the Company and supervised its operations. From August 2004 till March 2010, he was Member of the Supervisory Board of LIBET S.A. of Wrocław, i.e. the legal predecessor of the Company, including, from March 2008 till March 2010, as President of the Supervisory Board.

Thomas Lehmann has been living in Poland for over 10 years and speaks fluent German, Polish and English.

“I’m very excited to join the Company at such an important stage of its development, after a successful IPO, expansion into the northern Poland market, and in the period of steadily growing Company’s performance and a general upturn on the building market. I’m going to continue the strategy adopted by the current Management Board and work to achieve further growth of the Company’s business”, said Thomas Lehmann, President of Management Board and Managing Director, Libet S.A.

“I’m planning to focus first of all on integrating the newly acquired production plants in northern and north-western Poland and on implementing new technologies. Libet will also seek opportunities for further growth through exploring new geographic markets and product segments. At the same time, we will concentrate on maintaining efficiency and productivity of the currently used production lines”, added Mr. Lehmann.

“The Supervisory Board of Libet was pleased to hear that Thomas Lehmann, an outstanding manager in the industry with broad experience in managing large and complex enterprises, agreed to join the Management Board as President and Managing Director. I believe that under the leadership of the extended, and thus strengthened, management team, Libet S.A. will become an indisputable industry leader in Poland”, said Andrzej Bartos, Partner at Innova Capital Fund and President of the Supervisory Board, Libet S.A.

“We would also like to thank Robert Napierała for his achievements and significant contribution to the Company’s growth during his term as President of the Management Board and Managing Director of the Company. During the last 18 months of his leadership, the Company successfully left Anglo American Group, expanded into the new geographic market of northern Poland through acquisition of two production plants, launched new products in its portfolio and extended its distribution network, APS. Robert Napierała has also a successful first public offering and introduction of shares to trade on the Warsaw Stock Exchange to his credit. He is to continue his service on the Management Board as Board Member responsible for Sales and Marketing, i.e. the key areas for the further Company’s growth. I am positive that his contribution to further Company’s growth will prove invaluable”, added Mr. Bartos.