Lfeaccetfusd Regulatory News (FEP)

18 November 2010

FORUM ENERGY plc

("Forum" or the "Company")

Board Changes

The Board of Forum wishes to announce the following Board changes which will take place with immediate effect:-

Walter Brown has retired as Chief Executive Officer of the Company, but will remain on the Board as a Non-Executive Director.

Robin Nicholson, currently a Non-Executive Director, will assume the role of Executive Chairman.

Barry Stansfield will retire as Chairman but will remain on the Board as a Non-Executive Director.

In addition to these changes, the Company is pleased to announce the appointment of Messrs Edward Tortorici and Richard Beacher to the Board of Forum.

Mr. Tortorici was born in the United States, and received a BS from New York University and an MS from Fairfield University. He has served in a variety of senior and executive management positions, including Corporate Vice President for Crocker Bank and Managing Director positions at Olivetti Corporation of America and Fairchild Semiconductor Corporation. In 1987, Mr. Tortorici joined First Pacific Company Ltd in Hong Kong (First Pacific) as an Executive Director for strategic planning and corporate restructuring, and launched the Group's entry into the telecommunications and technology sectors. Presently, he oversees corporate strategy for First Pacific and guides the Group's strategic planning and corporate development activities.

Richard Beacher is the Executive Vice President of First Pacific. Born in the United Kingdom, Mr. Beacher received a BA (Hons) in Economics and Accounting from University of Newcastle Upon Tyne, U.K. He is a member of the Institute of Chartered Accountants in England and Wales and a member of the Hong Kong Institute of Certified Public Accountants. Mr. Beacher moved to Hong Kong in 1984 with PriceWaterhouse and most recently served in financial positions with Hagemeyer Cosa Lieberman and subsequently with Siemens Building Technologies as Global Business Line Controller. He joined First Pacific in 2006.

Following these changes and appointments, the current Board Structure is now as follows:

Separately, the Company confirms that it expects to issue an update in respect of the first-sub phase of Service Contract 72, later this month.

For further information please contact:

Forum Energy Plc

Andrew Mullins, Tel: +44 (0)1932 445 344

Executive Director

Company Secretary

Execution Noble & Company Ltd (Nominated Adviser & Broker)

Harry Stockdale Tel: +44 (0)207 456 9191

Or visit the Company's website:

www.forumenergyplc.com

Additional information on Mr Tortorici:

In accordance with Schedule 2(g) of the AIM Rules the following information in relation to the appointment of Mr Edward Anthony Tortorici, aged 70, to the Board of Forum Energy is disclosed:

Current Directorships and Partnerships:

- EA Edwards Associates

- EG Holdings Groups LP

- FEC Resources Inc

- First Pacific Company Limited

- First Pacific Consumer Products Limited

- First Pacific Holdings (Bermuda) Ltd

- Jeti Investments LLC

- Landco Pacific Corporation

- Level Up! International Holdings Pte Ltd

- Maynilad Water Services Inc

- Medical Doctors Inc

- Metro Pacific Investments Corporation

- Philex Gold Philippines Inc

- Philex Mining Corporation

- PT Indofood Sukses Makmur Tbk

Directorships and Partnerships held in the last five years:

- Metro Pacific Holdings Inc

- PT Mobile-8 Telecom Tbk

Save for the information disclosed above there is no other information falling to be disclosed on Mr Tortorici under Schedule 2(g) of the AIM Rules.

Additional information on Mr Beacher:

In accordance with Schedule 2(g) of the AIM Rules the following information in relation to the appointment of Mr Richard Lawrence Beacher, aged 51, to the Board of Forum Energy is disclosed:

Current Directorships and Partnerships:

- Doncaster Properties Limited

- First Pacific Management Services Limited

- First Pacific Investments Limited

- Level Up! International Holdings Pte. Limited

Directorships and Partnerships held in the last five years:

- Nil

Save for the information disclosed above there is no other information falling to be disclosed on Mr Beacher under Schedule 2(g) of the AIM Rules.