TerraCom Limited announced the appointment of Craig Ransley as Non-Executive Deputy Chairman, effective immediately. Mr. Ransley is the founding shareholder of TerraCom (then Guilford Coal Limited) and has provided his expertise to the TerraCom Board on a number of occasions throughout the past number of years. In particular, Mr. Ransley has been instrumental in working with the TerraCom Board to restructure the Company and its balance sheet and has also been an integral part of TerraCom's expansion into emerging markets. Mr. Craig Wallace has resigned as Deputy Chairman, but will remain with the Company as a Non-Executive Director.