OILB.L Regulatory News (OILB)

ETFS Oil Securities Limited

9 August 2013

Directorship Changes

ETFS Oil Securities Limited (the "Company") wishes to announce that Craig Stewart has resigned as a Non-Executive Director of the Company and Mark Weeks has been appointed as a Non-Executive Director of the Company, in each case with effect from 21st June 2013. Mark's biography is set out below.

The Non-Executive Directors of the Company are as follows:

Graham Tuckwell

Graeme Ross

Joe Roxburgh

Mark Weeks

Mark Weeks - Non-Executive Director

Mr Weeks is the Chief Executive Officer of ETF Securities (UK) Limited and is also a non-executive director of ETFS Metal Securities Limited, Gold Bullion Securities Limited, ETFS Commodity Securities Limited, ETFS Hedged Commodity Securities Limited, ETFS Hedged Metal Securities Limited, ETFS Oil Securities Limited, ETFS Foreign Exchange Limited, ETFS Industrial Metal Securities Limited and Swiss Commodity Securities Limited. He is also a director of ETFX Fund Company public limited company and of its manager ETFS Management Company in Ireland. From 2006 to 2009 he was at UBS, where he ran the Securities Lending franchise in Zurich. Prior to this he spent 7 years at Goldman Sachs International where, as a Managing Director, he was responsible for running the European Securities Finance sales and trading desk, servicing major institutional and hedge fund clients. From 1993 to 1999 Mr Weeks was at London Global Securities as Global Head of Securities Finance Sales. He also worked at IP Sharp selling securities finance systems and at Morgan Stanley, where he was responsible for the European Securities Finance sales and trading business.

For further information, please contact

Christopher Osgood

R&H Fund Services (Jersey) Limited

Tel: +44 (0) 1534 825200

Fax: +44 (0) 1534 825250

E-mail address: chris.osgood@rhfsl.com