EANS-Adhoc: C.A.T. oil AG / Resignation of Anna Brinkmann and termination of management board employment contracts by Manfred Kastner, Ronald Harder and Leonid Mirzoyan

--------------------------------------------------------------------------------
ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
--------------------------------------------------------------------------------

Board of Directors (Appointments and Changes)
22.12.2014

Vienna, 22 December 2014 - Anna Brinkmann, member of the management
board and Chief Operating Officer of C.A.T. oil AG (O2C, ISIN:
AT0000A00Y78; "the Company"),has,in agreement with the supervisory
board, resigned from the Company's management board with immediate
effect. She has decided to take this step in order to be able to
exercise her rights as significant shareholder without concern for
any potential conflict of interest with regard to the mandatory offer
for C.A.T. oil AG shares published by Joma Industrial Source Corp.
("Joma") on 11 December 2014.

Moreover, the management board members Manfred Kastner (Chief
Executive Officer), Ronald Harder (Chief Financial Officer) and
Leonid Mirzoyan (Chief Corporate Finance Officer) have, with
acceptance by the supervisory board, today terminated their
management board employment contracts with effect from 31 March 2015
by exercising their change-of-control termination rights. Background
of this decision is the acquisition of control by Joma published on
31 October 2014 upon which the mandatory offer, which was published
on 11 December 2014, is based on. Manfred Kastner, Ronald Harder and
Leonid Mirzoyan will perform their services and responsibilities to
the full benefit of the Company as well as its shareholders,
customers and employees until 31 March 2015.

The Supervisory Board will take necessary steps to secure the proper
continuity of the Company's operations beyond 31 March 2015.

C.A.T. oil AG
Kaerntner Ring 11-13
A-1010 Vienna
Austria
Ticker symbol: O2C
ISIN: AT0000A00Y78
Common Code: 025162498
Listing: Official Market / Prime Standard, Frankfurt Stock Exchange
www.catoilag.com

End of Ad hoc-Release

Further inquiry note:
Carolin Amann Tel: +49(0)69-92037-132 Email: carolin.amann@fticonsulting.com
Steffi Susan Kim Tel: +49(0)69-92037-115 Email: steffi.kim@fticonsulting.com

end of announcement euro adhoc
--------------------------------------------------------------------------------

issuer: C.A.T. oil AG
Kärntner Ring 11-13
A-1010 Wien
phone: +43(0) 1 535 23 20 - 0
FAX: +43(0) 1 535 23 20 - 20
mail: ir@catoilag.com
WWW: http://www.catoilag.com
sector: Oil & Gas - Upstream activities
ISIN: AT0000A00Y78
indexes: SDAX, Classic All Share, Prime All Share
stockmarkets: regulated dealing/prime standard: Frankfurt
language: English