PRESS RELEASE
14 MARCH 2007
Resignation of Non-Executive Director
Ramco Energy plc ("Ramco" or the Company)
Ramco, the Aberdeen-based independent exploration company, announces the resignation of Malcolm Hay as a Non – Executive Director, with effect from today’s date.
Mr Hay is stepping down from the Ramco Board to pursue his other business interests.
Mr Hay holds 26,627 shares in Ramco, and options over 70,000 shares, which will remain exercisable until 29th July 2015.
Steve Remp, Ramco’s Chairman, said
“Malcolm joined the Board almost two years ago during a very difficult period for the Company, but with the recent ruling by the Texas Supreme Court, in the Tenge case, the cloud of the litigation over the Company has now been lifted. I would like to thank Malcolm for his invaluable input over that period in helping guide the Company though its difficulties. We wish Malcolm every success in his other ventures”
ENQUIRIES:
Ramco Energy plc- Aberdeen
Steven Bertram, Managing Director,
Tel: 01224 748480
College Hill - London
Nick Elwes, Tel: 020 7457 2020
Ramco Energy plc
Britannia House
Endeavour Drive
Arnhall Business Park
Westhill
Aberdeenshire
AB32 6UF
United Kingdom
Tel: +44 (0)1224 748480
Fax: +44 (0)1224 748481








