Equator Exploration Chairman Resigns

Equator Exploration Limited announces the resignation of the Executive Chairman.

It is with great regret that the Board of Equator has accepted the resignation of Samuel Jonah KBE, OSG as Executive Chairman of the Company, with immediate effect. Samuel Jonah has reluctantly resigned due to personal reasons.

The Board is actively seeking an interim Executive Chairman until the current merger activity has completed.

Baroness Chalker of Wallasey, Chair of the Board's Nomination and Governance Committee commented:

"The entire Board joins me in thanking Samuel for the enormous contribution which he has made to the Company. His wise chairing of the Board will be greatly missed and his colleagues wish him well".