JKX.L Regulatory News (JKX)

3 Jun 2008 07:00

FOR IMMEDIATE RELEASE 3 June 2008

JKX OIL & GAS plc ("JKX")

APPOINTMENT OF NON-EXECUTIVE DIRECTORS

The Board of JKX announces that Dipesh J Shah OBE and Michel-Marc Delcommune have been appointed as Non-Executive Directors with effect from 1st June, 2008.

Dipesh Shah, 55, joins the Board with over 30 years experience of the oil and gas sector. He spent more than 20 years with BP during which time he held a range of positions including Chief Economist for BP Oil UK, Chief Executive of various Group businesses and Vice President and General Manager of Acquisitions and Divestments. Mr Shah was also a member of the BP Group Leadership for more than 10 years before leaving BP in 2002. From 2003 to 2006, Mr Shah served as Chief Executive of the UK Atomic Energy Authority where he halved the timescale for nuclear decommissioning and reduced the cost to the taxpayer by £1.5 billion. During this period, he was also non-executive Director and then Chairman of the FTSE 200 utility company, Viridian Group plc, where the value of the business more than doubled during his tenure, leading to its purchase by an infrastructure fund for an enterprise value of £2 billion. Currently, he is Chairman of Jetion Holdings Limited and of HG Capital Renewable Power Partners LLP.  Mr Shah is a graduate of the Universities of London and Warwick and of the Harvard Business School management programme. Mr Shah was awarded an OBE in the 2007 New Year Honours List.

JKX Chairman Lord Fraser of Carmyllie said: "We are delighted to welcome Dipesh and Michel-Marc to the Board of JKX. Their combined plc experience and very substantial achievements in the oil and gas sector will further strengthen our expertise and facilitate the execution of our strategy. We look forward to working with them."

Non-Executive and Other Appointments

Dipesh Shah

Thames Water Utilities Limited and Kemble Water Group of Companies, Non Executive Director (2007 - to date)

Babcock International Plc, Chairman Remuneration Committee, Member of Audit and Nominations Committee (1999 - to date)

Lloyd's of London Franchise Board (2008 - to date)

Michel - Marc Delcommune

MOL Group, Senior Advisor to Executive Chairman & CEO, Senior Representative of MOL in Brussels (2000 - to date)

TVK, Non-Executive Director and Audit Committee Member (2000 - to date)

Cornell University Business School, Member of the International Advisory Board (1989 - to date)

There are no further matters requiring disclosure under Listing Rule 9.6.13.

ENDS

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