EANS-News: C.A.T. oil AG /

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Annual & Special Corporate Meetings/Confirmation of Supervisory Board

Annual General Meeting of C.A.T. oil AG confirms Supervisory Board o
Principal shareholder Dijols together with two independent members
will form controlling body until annual statement 2016 o Former
Management and Supervisory Board members not discharged from their
liability for the business year 2014

Vienna, 29 June 2015

The 10th Annual General Meeting of C.A.T. oil AG today in Vienna
confirmed the Members of the Supervisory Board of the Company,
initially elected by an extraordinary meeting last February. Until
the end of the shareholders' meeting, which resolves the discharge of
its liability for the business year 2016, the controlling body of the
oil- and gas-service company with headquarters in Vienna, will
consist of the French oil manager and principal shareholder Maurice
Dijols, the German lawyer Dr. Ralf Wojtek and the Russian based
businessman Remi Paul.

C.A.T. oil AG currently employs about 3.300 employees mainly in
Russia. The company, engaged in drilling and well services, in 2014
produced revenues amounting to MEUR 411.5 with a net profit amounting
to MEUR 56.4. Amongst the major customers of the company there are
large Russian oil-concerns like Rosneft, Lukoil or Slavneft. Rating
agency Moody's only in June confirmed C.A.T. oil AG's Ba3 rating with
stable outlook.

Following the resolution proposals the general meeting furthermore
decided not to discharge the members of the former management board
and the former supervisory board from their liability for the
business year 2014. It was also decided not to grant former members
of the supervisory board any remuneration for 2014 for now. Regarding
the reasons for the proposal the company refers to open legal
procedures and ongoing internal investigations linked to former board
members.

The detailed results of the AGM can be seen at www.catoilag.com

Further inquiry note:
Bernhard Grabmayr
SCHOLDAN&Comp.
office@scholdan.com
+43-1-513 23 88-0

end of announcement euro adhoc
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company: 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