Ansell Limited today announced the appointment of Magnus Nicolin to succeed Doug Tough as Chief Executive Officer and Managing Director.

Prior to joining Ansell, Magnus, a Swedish citizen, spent the last three years with Newell Rubbermaid Inc, most recently as President, Europe, Middle East, Africa and Asia Pacific. In this capacity Magnus was co-located in France and the US. Prior to that Magnus spent seven years with Esselte Business Systems Inc. in a number of senior executive roles, the last three years as President and Chief Executive Officer.

With early career experience gained at McKinsey and Credit Lyonnais, Magnus also lived in Canada, serving as VP & General Manager of Bayer Diagnostics. Magnus has also served as a Lieutenant in the Swedish Marines attending the Swedish Naval Academy.

In making the announcement, Ansell Chairman Peter Barnes said “Magnus’ appointment follows an extensive internal and external search that produced an exceptionally strong candidate pool. The Ansell Board believes that the strategic capabilities and leadership skills that Magnus has already demonstrated, in a global setting, are a great match for Ansell’s international businesses and our future strategies for growth across all of those businesses.’

‘We are delighted that Magnus has accepted the position and the Board looks forward to supporting his leadership of the Ansell Group. Magnus will inherit a strong leadership team and a healthy and strong company, established during Doug’s tenure over the past five years.’

Magnus will commence with Ansell on 15 February 2010 and will be formally appointed Managing Director and Chief Executive Officer on 1 March 2010. He will be located at Ansell’s operational head office in Red Bank, New Jersey, USA.

“I am looking forward to joining the Ansell organisation, I have been impressed with the vision of the Board and with the progress made by the organisation under Doug’s leadership” says

Magnus Nicolin. Magnus Nicolin’s biography and a summary of the principal terms and conditions of his employment contract are attached.