TIDMATLS 
 
RNS Number : 2286R 
Atlas Estates Ltd 
17 August 2010 
 

ATLAS ESTATES LIMITED 
(Registered in Guernsey - Number 44284) 
Registered Office: 
Martello Court, Admiral Park, St Peter Port, Guernsey, GY1 3HB 
TELEPHONE: +44 1481 211000 
FACSIMILE: +44 1481 211001 
e-mail: fundcosec@intertrustgroup.com 
 
 
For immediate release 
                                                                  17 August 2010 
                 Changes to key personnel of Investment Manager 
 
The board of directors (the "Board") of Atlas Estates Limited (the "Company") 
announces today that it has received notice of certain changes to the management 
team of its investment manager, Atlas Management Company Limited ("AMC"). 
 
Effective from 16 August 2010, Mr Reuven Havar shall replace Mr Nahman Tsabar as 
CEO of AMC. 
 
Mr Reuven Havar, 61, has significant expertise in planning and development of 
large scale real estate projects.  He has spent the past nine years with the 
Africa Israel Group, firstly as the CEO of operations for AFI-EUROPE in the 
Czech Republic from 2000 and then in Romania from 2006.  Before joining the 
Africa Israel Group, he was the CEO of the Pepsi Cola and juices central 
bottling plant in Bucharest between 1996 and 1998.  Prior to which, Mr Havar 
served as an Israeli foreign diplomat assigned to the Economic Attache in 
Columbia and Venezuela (First Secretary for Economic Affairs) from 1994.  Mr 
Havar has also served as the CFO of M-Systems (a hi-tech company) between 1993 
and 1994, during which the company listed on the NASDAQ. Mr Havar holds a BA and 
a MBA from Bar Ilan University in Israel. 
 
The Board is satisfied that the resignation of Mr Tsabar and the appointment of 
Mr Havar as CEO of AMC does not herald any changes in the implementation of the 
Company's investing policy. 
 
                                    - end - 
 
Further information, please contact: 
 
Atlas Management Company Limited                               Tel + 48 (0) 22 
208 07 00 
Reuven Havar 
 
Fairfax I.S. PLC                                                             Tel 
+44 (0) 207 598 5368 
David Floyd / Rachel Rees 
 
Intertrust Fund Services (Guernsey) Limited                     Tel +44 (0) 1481 
211000 
Andre Le Prevost 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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