Media .  .  APPOINTMENT OF DIRECTORS TO BOARD OF MARY KATHLEEN  Ã¢ÂÂ¢  .  URANIUM LTD.  ' (Statement by the Deputy Prime Minister and Minister for Trade and  Resource's, the Rt.  Hon.  J.D. Anthony, M.P.) ' I am pleased to announce the appointment of Mr G .C .  O ’Farrell  and Mr F. J. Watt as Directors of Mary Kathleen Uranium Ltd. Ã¢ÂÂ  Mr O'Farrell is a retired executive of CSR Limited. He was  formerly General Manager and a Director of Gove Alumina Ltd. Mr Watt  is currently non-executive Chairman of Tozer Kemsley and Millbourn .   (Aust) Ltd. and a former member of the Trade Development Council. As a.result of the Government's shareholding in Mary Kathleen  Uranium Ltd., the Government has the right to appoint"" three .   Directors to the Board. The appointments of Mr O'Farrell and  Mr Watt are to fill the positions previously held by Sir Lenox  Hewitt, OBE, Chairman of Qantas, and the late Mr R.W. Boswell, OBE,   former Chairman of the Australian Atomic Energy Commission. The  other Government-appointed Director is Sir Jack Egertbn. .  It is gratifying to be able to appoint senior businessmen of  such calibre and experience as Mr O'Farrell and Mr Watt to the Board  of Directors of Mary Kathleen Uranium Ltd. ' I appreciate very much the significant contributionÂ· that  Sir Lenox Hewitt has made as a Director Mary Kathleen Uranium Ltd. ’  Sir Lenox expressed a wish some time ago to step down from the  Board of Mary Kathleen Uranium Ltd. in view of his duties and  responsibilities as Chairman of Qantas.  The Government has been  fortunate in having the services of Sir Lenox available to it as a  Ã¢ÂÂ   Director of Mary Kathleen Uranium Ltd. during an important period  :  in the development of the Australian uranium industry. . . . / 2 Depart!  of Trade and   Resources In a statement to Parliament on 13 September,  1979, I indicated  that the Department of Trade and Resources had been asked to  investigate the possibility of divesting of the Government's shareÂ­  holding in Mary Kathleen Uranium Ltd. Mary Kathleen Uranium Ltd. is  one: .  of the organisations which has submitted a proposal to acquire  the Government’s interests in the Ranger uranium project. In order to avoid any possible misunderstanding,  no action  will be taken in respect of the Government's shareholding in Ma^y  Kathleen Uranium Ltd.  until the question of the Government’s  interests in the Ranger uranium project hasÂ· been resolved,  It is  the Government's desire to resolve the Ranger matter as promptly  as possible. Â· In the meantime, the Government considers it appropriate that  it be fully represented on the Board of Mary Kathleen Uranium Ltd, Canberra, 4th December, 1979 .J

.  APPOINTMENT OF DIRECTORS TO BOARD OF MARY KATHLEEN  Ã¢ÂÂ¢  .  URANIUM LTD.  '

(Statement by the Deputy Prime Minister and Minister for Trade and  Resource's, the Rt.  Hon.  J.D. Anthony, M.P.) '

I am pleased to announce the appointment of Mr G .C .  O ’Farrell  and Mr F. J. Watt as Directors of Mary Kathleen Uranium Ltd. Ã¢ÂÂ

Mr O'Farrell is a retired executive of CSR Limited. He was  formerly General Manager and a Director of Gove Alumina Ltd. Mr Watt  is currently non-executive Chairman of Tozer Kemsley and Millbourn .   (Aust) Ltd. and a former member of the Trade Development Council.

As a.result of the Government's shareholding in Mary Kathleen  Uranium Ltd., the Government has the right to appoint"" three .   Directors to the Board. The appointments of Mr O'Farrell and  Mr Watt are to fill the positions previously held by Sir Lenox

Hewitt, OBE, Chairman of Qantas, and the late Mr R.W. Boswell, OBE,   former Chairman of the Australian Atomic Energy Commission. The  other Government-appointed Director is Sir Jack Egertbn.

.  It is gratifying to be able to appoint senior businessmen of  such calibre and experience as Mr O'Farrell and Mr Watt to the Board  of Directors of Mary Kathleen Uranium Ltd. '

I appreciate very much the significant contributionÂ· that  Sir Lenox Hewitt has made as a Director Mary Kathleen Uranium Ltd. ’  Sir Lenox expressed a wish some time ago to step down from the  Board of Mary Kathleen Uranium Ltd. in view of his duties and

responsibilities as Chairman of Qantas.  The Government has been  fortunate in having the services of Sir Lenox available to it as a  Ã¢ÂÂ   Director of Mary Kathleen Uranium Ltd. during an important period  :  in the development of the Australian uranium industry.

. . . / 2

Depart!  of Trade and   Resources

In a statement to Parliament on 13 September,  1979, I indicated  that the Department of Trade and Resources had been asked to  investigate the possibility of divesting of the Government's shareÂ­  holding in Mary Kathleen Uranium Ltd. Mary Kathleen Uranium Ltd. is

one: .  of the organisations which has submitted a proposal to acquire  the Government’s interests in the Ranger uranium project.

In order to avoid any possible misunderstanding,  no action  will be taken in respect of the Government's shareholding in Ma^y  Kathleen Uranium Ltd.  until the question of the Government’s  interests in the Ranger uranium project hasÂ· been resolved,  It is

the Government's desire to resolve the Ranger matter as promptly  as possible. Â·

In the meantime, the Government considers it appropriate that  it be fully represented on the Board of Mary Kathleen Uranium Ltd,

Canberra, 4th December, 1979

.J

