Maurel & Prom Appoints New Director

Maurel & Prom appointed Mr. Ambrosie Bryant Chukwueloka Orjiako (Dr. ABC ORJIAKO) to replace Mr. Alain Gomez, who wished to step down from his duties.

For over 15 years, Mr.ORJIAKOhas been active as a manager and/or investor in upstream and downstream activities of the Nigerian oil sector. Trained as a physician, Dr. ORJIAKO began his career as a surgeon specializing in orthopedics and trauma, then redirected his career to the world of business.

Specifically, he is chairman of Shebah E&P Company.

He has also contributed extensively to charitable activities, and in 1996 founded the Daniel ORJIAKO Memorial Foundation, the goal of which is to combat poverty through education, medical care and agriculture.

This appointment will be subject to ratification by the General Shareholders' Meeting on May 20, 2010.