PRESS RELEASE

09 JUNE 2006

Resignation of Non-Executive Director

Ramco, the Aberdeen-based independent exploration company, announces the resignation of Dennis Paterson as a Non – Executive Director, with effect from today’s date.

Mr Paterson has recently taken up a full time position involving extensive international travel and is no longer able to devote sufficient time to his role with Ramco.

Mr Paterson holds no shares in Ramco, but does hold options over 70,000 shares, which will remain exercisable until 29th July 2015.

Steve Remp, Ramco’s Chairman, said:

“Dennis joined the Board a year ago during a very difficult period for the Company. I would like to thank him for his invaluable input over the last year in helping guide the Company though its difficulties.  We wish Dennis every success in his new position”

 

 

ENQUIRIES:

Ramco Energy - Aberdeen
Steven Bertram, Managing Director Tel: 01224 352 200

College Hill - London
Nick Elwes Tel: 020 7457 2020

Ramco Energy plc
62 Queen's Road
Aberdeen
AB15 4YE
United Kingdom
Tel: +44 1224 352 200
Fax: +44 1224 352 211

 

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