BPC.L Regulatory News (BPC)

1 February 2011

Bahamas Petroleum Company PLC

("Bahamas Petroleum" or the "Company")

Directorate Change

Bahamas Petroleum, the oil and gas exploration company with licences in The Bahamas, is pleased to announce the appointment of Edward Shallcross to the board of the Company (the "Board"), as a Non-Executive Director, with immediate effect.

Mr. Shallcross has over 40 years of experience in the financial sector, predominantly at Barclays Bank plc, where he worked from 1960 until his retirement in 1998, at which point he held the role of Isle of Man Director and Senior Executive Director of the bank. Since then, Mr. Shallcross has held a number of non-executive directorships including Trident On Line Gaming PLC, Murray & Roberts Group Limited and a number of AXA and Barclays related Isle of Man entities. Mr. Shallcross is a Fellow of the Chartered Institute of Bankers.

Bahamas Petroleum's CEO, Dr Paul Crevello, commented: 

"I would like to welcome Edward to the Board and believe he will provide valuable assistance to the Company, particularly in view of his extensive expertise in the financial sector and his PLC board experience."

The following information is provided in accordance with paragraph (g) of Schedule Two of the AIM Rules for Companies.

Edward Shallcross, aged 70, is a director or partner or has been a director or partner of the following entities during the previous five years:

There is no further information that is required to be disclosed pursuant to paragraph 9 (g) of Schedule Two of the AIM Rules for Companies in relation to Edward Shallcross.

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