IVK Investika Di

RNS Number:4233L
Investika Ltd
02 November 2006

                                 INVESTIKA LTD


                              DIRECTOR APPOINTMENT



2 November 2006



Investika Ltd (AIM : IVK), the investment company in the mining finance industry
with a focus on pre-production emerging resource opportunities advises that Mr.
Mark R. Arnesen has been appointed a non-executive Director of the Company.



Mr. Arnesen has extensive expertise in the structuring and negotiation of
finance for major resource projects.  These projects typically require financial
structures incorporating multi-lateral banks and export credit agencies, as well
as the commercial banks.



He is a Chartered Accountant with over 18 years experience in the international
resources industry, including a role with the Billiton/Gencor group companies
where he was a corporate Treasurer from 1996 to 1998.  During this period he was
involved with:-



*           The US$1.8 billion financing of the Hillside aluminium smelter in
            South Africa;



*           The establishment of a US$1.5 billion revolving credit facility;



*           The US$300 million financing of Cerro Matosa



In 1999 Mr. Arnesen joined Ashanti Goldfields Company Limited.  As Managing
Director - International Treasury, he restructured the Ashanti hedge book and
with the finance team, refinanced the company.  His role concluded on the merger
with AngloGold.



Further information required by paragraph (g) of Schedule Two to the AIM Rules


Full name                                                   Mark Richard Arnesen

Age                                                         47

Current directorships                                       Moto Goldmines Limited (Australia)

                                                            ARM Advisors Pty Limited (Australia)

Directorships within the last five years                    Ashanti Capital (Second) Limited

                                                            Geita Treasury Services Limited

                                                            Ashanti Capital Limited

                                                            Geita Holding Company Limited

                                                            Geita Management Company Limited

                                                            Ashanti Treasury Services Limited




The Company confirms there is no additional information required for
notification in accordance with Schedule 2(g) of the AIM rules.









Enquiries to:



Chrisilios Kyriakou, Chief Executive Officer

Investika Ltd

Telephone: 020 7514 1480



Paul Dudley/Peter Jackson

WH Ireland Limited

Telephone: 020 7220 1666


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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