Jubilant Energy N.V. Directorate Change (4591X)

TIDMJUB

RNS Number : 4591X

Jubilant Energy N.V.

08 February 2013

8 February 2013

Jubilant Energy NV

("Jubilant" or "the Company")

Directorate Change

The Board of Jubilant Energy announces that Ajay Khandelwal has resigned as the Company's Chief Executive Officer and has left the Board by mutual agreement with immediate effect.

The Company has initiated the process for appointing a new CEO and will provide an update in due course.

In the interim, a Committee has been set up comprising of Ramesh Bhatia, COO, and Vipul Agarwal, CFO, for the day to day running of the Company.

Enquiries:

 
 Jubilant Energy    Vipul Agarwal                +91 120 4025700 
 Panmure Gordon     Katherine Roe, Adam James    +44 20 7886 2500 
                   ---------------------------  ----------------- 
 Deutsche Bank      Rajat Katyal, Drew Price     +44 20 7547 8000 
                   ---------------------------  ----------------- 
                    Matthew Tyler, Alexandra 
 College Hill        Roper                       +44 20 7457 2020 
                   ---------------------------  -----------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

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