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Retirement of Director

22 Mar 2006 07:00

Fortune Oil PLC22 March 2006 FORTUNE OIL PLC ("Fortune Oil" or "the Company") RETIREMENT OF EXECUTIVE DIRECTOR Fortune Oil today announces that Mr. Bruce McGowan will retire from the Companyon 24 April 2006. He is due to retire by rotation at this year's Annual GeneralMeeting and accordingly the resolution proposing his re-appointment will not beput to the meeting. Mr. McGowan was appointed as an Executive Director in June 2000 and is currentlyJoint Executive Vice-Chairman based in London. He has led the Company through aperiod of significant change in the China markets and his contributions haveensured its ongoing success. Mr. McGowan, who will turn 62 this year, commented: "It has been a privilege tobe part of Fortune Oil. I have stayed in this role for nearly six years, beyondmy original expectation. I am confident that the strong management team in theCompany can continue my work." Mr. Daniel Chiu, Joint Executive Vice-Chairman based in Hong Kong, added: "Bruce originally participated in the establishment of our joint ventures overten years ago. I would like to thank him both personally and on behalf of hiscolleagues for his great contribution. We extend our best wishes for a happyand fulfilling retirement." The Board does not intend to make a further executive board appointment at thisstage. 22 March 2006 Enquiries:Fortune Oil PLCJohn Pexton, Deputy Chief Executive 00852 2583 3113 (Hong Kong) Pelham Public Relations LimitedArchie Berens 020 7743 6679 or 7802 442 486 This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
2nd Nov 200610:05 amRNSDirector/PDMR Shareholding
31st Oct 20064:00 pmRNSBlocklisting Interim Review
16th Oct 20065:25 pmRNSDirector/PDMR Shareholding
28th Sep 20067:05 amRNSInterim Results
17th Aug 20067:01 amRNSDirectorate Change
8th Aug 20067:01 amRNSStatement Re Jet Fuel Pricing
1st Aug 20068:15 amRNSPSC Transfer Approval
27th Jun 20064:30 pmRNSAward of Share Options
21st Jun 20062:05 pmRNSResult of EGM
21st Jun 20062:00 pmRNSResult of AGM
21st Jun 200611:00 amRNSAGM Statement
7th Jun 20063:56 pmRNSAnnual Information Update
24th May 20067:01 amRNSDirector/PDMR Shareholding
22nd May 20063:30 pmRNSNotice of EGM
22nd May 20061:44 pmRNSAnnual Report 2005
2nd May 200610:21 amRNSBlocklisting Interim Review
27th Apr 20067:01 amRNSFinal Results
18th Apr 20067:01 amRNSCoal Bed Methane Development
22nd Mar 20067:00 amRNSRetirement of Director
24th Feb 20067:00 amRNSTrading Update
31st Oct 20052:38 pmRNSBlocklisting Interim Review
27th Sep 20057:15 amRNSInterim Results
5th Aug 20057:01 amRNSNew CNG Station Commissioned
19th Jul 20057:00 amRNSAgreement with FedEx
13th Jul 20055:11 pmRNSDirectors' Interests
28th Jun 20054:11 pmRNSNotification of Interest
23rd Jun 20054:00 pmRNSDirectors' Options
22nd Jun 20054:27 pmRNSAGM Statement
20th Jun 20054:13 pmRNSDirector Shareholding
20th May 20051:24 pmRNSAnnual Report and Accounts
18th May 20057:00 amRNSProposed Board Appointments
29th Apr 20055:12 pmRNSBlocklisting Interim Review
28th Apr 20057:01 amRNSDirectorate Change
28th Apr 20057:00 amRNSFinal Results
3rd Feb 20057:00 amRNSBlueSky Update
20th Jan 20055:06 pmRNSClarification of Holding
10th Jan 20055:48 pmRNSHolding(s) in Company

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