14.12.12, 09:28

United Energy Group plc: Changes in the Board of Directors of the United Energy Group plc

United Energy Group plc / Key word(s): Change of Personnel

14.12.2012 / 09:28

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Haslemere, United Kingdom - 14th December, 2013 United Energy Group plc has called management consultant Dr. Claus Bergschneider and tax consultant Ralf Volgmann to join the Board of Directors of the company. Claus Bergschneider has many years of experience in the energy industry. He already held responsible positions in various energy companies, amongst them RWE Energie, and recently worked as chief representative of Gazprom Germania until 2010. Ralf Volgmann was a partner in a Dusseldorf tax consultancy until 1990 and has since been in charge of his own tax consultancy. As CFO he will be responsible for matters of Financing and Administration. Ms Sne?ana Laki?evi? is now in charge of leading the regional offices in Banja Luka and Belgrade. The lawyer worked as a State Secretary for the Serbian government until July 2012, and previously was as a member of the parliament of the Republic of Serbia. Udo Witte, previously responsible for Financing, will leave the company. The company also announces that the general meeting scheduled for the 21st of December, 2012 has been cancelled due to re-structuring. A new date will be announced at short notice at the beginning of the New Year.

Forward-looking statements

This release may include certain forward-looking statements, including such statements, intentions, strategies and opinions that are related to the future and to the expectations of United Energy Group and its subsidiaries. All statements made herein are based on the information available to the Management of UEG on the particular date, and actual results may vary, depending on future events possibly occurring within and beyond the control of the Management; this includes risks and elements of uncertainty that may result in substantial deviations of actual results. Such risks and factors include, among other things, the effect of acquisitions on the company and its capital structure, exploration results, market conditions, changes in energy prices, unexpected and necessary future investment needs, competition, state regulations, and other factors.

Contact details: Business Network Marketing- und Verlagsgesellschaft mbH Dr Ingolf Neunübel Fasanenstraße 47, 10719 Berlin Phone +49 (0) 30 / 81 46 46 041 Fax +49 (0) 30 / 81 46 46 046 E-mail: pr@unitedenergy.com

End of Corporate News

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