Repsol Proposes Two New Board Members

   By Alberto Delclaux

Spanish oil-and-gas company Repsol SA (REP.MC) said late Wednesday that it will propose appointing Ignacio Martin and Maria del Carmen Ganyet to its board of directors at its annual general meeting.

Mr. Martin was formerly executive chairman at Gamesa, which went on to merge with Siemens Wind Power to create Siemens Gamesa Renewable Energy SA (SGRE.MC). Mrs. Ganyet is corporate managing director at Spain's Inmobiliaria Colonial SA (COL.MC).

If appointed, the candidates will replace the recently departed Mario Fernandez and Artur Carulla, whose term is expiring. The appointments will be voted on by shareholders at the annual general meeting on May 11.

Write to Alberto Delclaux at alberto.delclaux@dowjones.com