Steppe Cement said Wednesday its Chairman, Azmi Wan Hamzah, is to stand down from the board following the Company’s Annual General Meeting to be held on 4 May 2006.

John Richardson (an existing non executive director) will assume the role of Chairman and the Company is considering appointing a new non-executive director to the board experienced in the cement industry at a senior level and also in Kazakhstan.

The Company expects to advise the market of this appointment in advance of the Annual General Meeting.