Ennox Group Ltd. announced that Mr. Damion Ryan, who was appointed Executive Director of Ennox will assume the role of Managing Director of Ennox Group Ltd. to spearhead the business expansion of the Ennox and its subsidiary companies. Mr. Ryan has been working on amending the Australian Financial Services Licence, (AFSL No. 348530) of Ennox Securities Pty Ltd. (formerly known as Nor is Smith Securities Pty Ltd) in order to provide additional services in ar anging to deal in a financial product by issuing; applying for, acquiring, varying or disposing of a financial product in respect to derivatives and securities. The AFSL is also being amended for Mr. Ryan to act as the Responsible Manager. Ennox Securities Pty Ltd. is currently awaiting to meet of certain licensing conditions before final clearance by ASIC. The company also wishes to announce a Board restructuring with Mr. David Low stepping down as Chairman of Ennox Group Ltd. Mr. Yit Yang Yee, who is currently a director will be redesignated at Non-Executive Chairman of the Company. Mr. David Low will continue to assist the Managing Director and the Group by assuming the role of Company Secretary and to provide finance and administration support to the Group.