7 May 2008
Cascal N.V. Appoints Jonathan Lamb As
General Counsel & Company Secretary
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David Sayers Named Finance Director of Bournemouth and West Hampshire
Water
London, U.K., May 7, 2008 - Cascal N.V. (NYSE: HOO),
a leading provider of water and wastewater services in seven countries,
today announced the appointment of Jonathan Lamb as General Counsel
and Company Secretary (subject to formal Board approval). Mr. Lamb replaces
David Sayers, who has been named Finance Director of Cascal’s
UK subsidiary, Bournemouth and West Hampshire Water.
Mr. Lamb brings more than 15 years of corporate legal experience to
Cascal, having served as General Counsel and Company Secretary with
Antilles (UK) Limited, an asset management company, and Amarin Corporation,
a US-listed technology company. Prior to that, Mr. Lamb served as a
Legal Advisor for the UK and US-listed Shire Pharmaceuticals Group,
where he provided counsel during the company’s $4 billion merger
with BioChem. Mr. Lamb received his LL.B (Hons.) from the University
of Hull, and completed his Law Society Final Examinations in 1990.
Mr. Sayers has served as Cascal’s Chief Commercial Officer and
Company Secretary since 2000, and previously served as Finance Director
for the Americas Region for Biwater. Mr. Sayers has served in senior
financial and commercial positions in the water industry for more than
20 years. He is a Fellow of the Institute of Chartered Accountants in
England and Wales and an Associate of the U.K. Institute of Chartered
Management Accountants.
Commenting on these important appointments, Stephane Richer, Cascal
Chief Executive Officer noted, “I am delighted to welcome Jonathan
to Cascal and look forward to his contributions to our future success.
I am similarly excited that David’s experience and leadership
will serve to strengthen the operations at Bournemouth and West Hampshire
Water. As a result of our rapid growth, it is important that we continue
to strengthen and increase the depth of our executive team and continue
to effectively deploy our human resources.”
About Cascal N.V.
Cascal provides water and wastewater services to its customers in seven
countries: the United Kingdom, South Africa, Indonesia, China, Chile,
Panama and The Philippines. Cascal's customers are predominantly homes
and businesses representing a total population of approximately 3.6
million.
Forward-looking statements
This release contains forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. Such forward-looking
statements are not guarantees of future performance. There are important
factors, many of which are outside of our control, that could cause
actual results to differ materially from those expressed or implied
by such forward-looking statements including: general economic business
conditions, unfavorable weather conditions, housing and population growth
trends, changes in energy prices and taxes, fluctuations with currency
exchange rates, changes in regulations or regulatory treatment, changes
in environmental compliance and water quality requirements, availability
and the cost of capital, the success of growth initiatives, acquisitions
and our ability to successfully integrate acquired companies and other
factors discussed in our filings with the Securities and Exchange Commission,
including under Risk Factors in our Prospectus for our initial public
offering. We do not undertake and have no obligation to publicly update
or revise any forward-looking statement.