C.A.T. oil AG

EANS-Adhoc: C.A.T. oil AG
New Management Board for C.A.T. oil AG

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  ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
  adhoc with the aim of a Europe-wide distribution. The issuer is solely
  responsible for the content of this announcement.
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Board of Directors (Appointments and Changes)/Company Information
27.02.2015


- Supervisory Board appoints long-time industry experts 

    with international background

 -  Change of the Management Board with immediate effect


The newly established Supervisory Board of C.A.T. oil AG, headed by majority
shareholder Maurice Dijols, has appointed with immediate effect the future
Management Board of the oilfield service company. Three long-time industry
experts with international experience  take over the top executive level of the
listed company with its headquarters in Vienna.  The former Management Board has
been recalled with immediate effect as well.


The Supervisory Board appointed oil manager Mr Yury Semenov, age 37, as new
Chairman of the Management Board. Semenov started his career in the year 2000
joining a Canadian office of the Russian oil company LUKoil. From 2005 onwards
he held various top-level positions at the world's leading oil service provider
Schlumberger in the United Arab Emirates, Great Britain and Russia. Until
recently he acted as Vice President for Schlumberger Logelco in Moscow. 

The position of Vice-Chairman and CFO was entrusted to Mr Valeriy Inyushin, age
42, Ph.D. of Economics and holder of a French Management Diploma. Mr Inyushin
provides professional expertise in various industries - from financial services
(six years for UniCredit Bank Russia), shipbuilding and mechanical engineering
to a large industry holding  - for his new assignment.

Mr Evgeny Pankratov, age 63, a long-time executive of C.A.T. oil AG, completes
the new Management Board. The 63-year old, who has been in the industry for more
than four decades, is working for the company since 2005, leading the operating
companies of C.A.T. oil in Russia and CIS as CEO for the last seven years.

end of ad-hoc-announcement
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Further inquiry note:
Bernhard Grabmayr
SCHOLDAN&COMPANY
office@scholdan.com
+43-1-513 23 88-0

end of announcement                               euro adhoc 
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issuer:      C.A.T. oil AG
             Kärntner Ring 11-13
             A-1010 Wien
phone:       +43(0) 1 535 23 20 - 0
FAX:         +43(0) 1 535 23 20 - 20
mail:     ir@catoilag.com
WWW:      http://www.catoilag.com
sector:      Oil & Gas - Upstream activities
ISIN:        AT0000A00Y78
indexes:     SDAX, Classic All Share, Prime All Share
stockmarkets: regulated dealing/prime standard: Frankfurt 
language:   English
 



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