| Announce of Appointment of Non-Executive Director | |
| * Asterisks denote mandatory information | |
| Name of Announcer * | MERMAID MARITIME PUBLIC CO LTD |
| Company Registration No. | 0107550000017 |
| Announcement submitted on behalf of | MERMAID MARITIME PUBLIC CO LTD |
| Announcement is submitted with respect to * | MERMAID MARITIME PUBLIC CO LTD |
| Announcement is submitted by * | Vincent Siaw |
| Designation * | Company Secretary |
| Date & Time of Broacast | 29-Jan-2009 17:20:59 |
| Announcement No. | 00044 |
| Price Sensitivity | No |
| >> Announcement Details | |
| The details of the announcement start here ... |
| Date of Appointment * | 29/01/2009 |
| Name * | Ms. Joey Horn |
| Age * | 42 |
| Country of principal residence * | Singapore |
| The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) * | The Board of Directors with the concurrence of the Nomination Committee is of the view that Ms. Joey Horn with her experience, expertise and network will help the group to strengthen and grow its business. The Board of Directors therefore submitted her name to the shareholders with a recommendation for her election as a Director. The shareholders duly elected Ms. Joey Horn as a Director at Annual General Meeting No. 01/2009 held on 29 January 2009. |
| Whether appointment is executive, and if so, area of responsibility * | This is a non-executive appointment. |
| Job Title * | Non-Executive Director |
| Working experience and occupation(s) during the past 10 years * | 2000-Present Consultant & Private Investor Greylock Management AS Oslo, Norway 1996-2000 Partner & Equity Research Analyst HQ Norden Securities Oslo, Norway 1994-1996 Vice President Credit Suisse First Boston (Mergers & Acquisitions) New York, NY, USA 1992-1994 Director Saks Fifth Avenue (Financial Planning) New York, NY, USA 1987-1992 Analyst & Associate Smith Barney, Harris Upham & Co. Inc. (Investment Banking) New York, NY, USA |
| Shareholding in the listed issuer and its subsidiaries * | None |
| Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries * | None |
| Conflict of interest * | None |
| >> Other Directorship # | |
| # These fields are not applicable for announcements of appointments pursuant to Rule 704(9) | |
| Past (for the last five years) | 2006 Independent Director Petrojarl ASA Oslo, Norway |
| Present | 2008-Present Independent Director Thoresen Thai Agencies PLC Bangkok, Thailand 2005-Present Independent Director Norse Energy Corp. ASA Oslo, Norway |
| >> Information required under Rule 704(7)(h) | |
| Disclose the following matters concerning a director, chief executive officer, general manager or other executive officer of equivalent rank. If the answer to any questions is "yes", full details must be given. | |
| (a) * Whether at any time during the last 10 years, a petition under any bankruptcy laws of any jurisdiction was filed against him or against a partnership of which he was a partner? | No |
| (b) * Whether at any time during the last 10 years a petition under any law of any jurisdiction was filed against a corporation of which he was a director or key executive for the winding up of that corporation on the ground of insolvency? | No |
| (c) * Whether there is any unsatisfied judgement against him? | No |
| (d) * Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving fraud or dishonesty which is punishable with imprisonment for 3 months or more, or has been the subject of any criminal proceedings (including any pending criminal proceedings which he is aware of) for such purpose? | No |
| (e) * Whether he has ever been convicted of any offence, in Singapore or elsewhere involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or been the subject of any criminal proceedings (including any pending criminal proceedings which he is aware of) for such breach? | No |
| (f) * Whether at any time during the last 10 years, judgement has been entered against him in any civil proceedings in Singapore or elsewhere involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or a finding of fraud, misinterpretation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings which he is aware of involving an allegation of fraud, misinterpretation or dishonesty on his part)? | No |
| (g) * Whether he has ever been convicted in Singapore or elsewhere of any offence in connection with the formation or management of any corporation? | No |
| (h) * Whether he has ever been disqualified from acting as a director of any corporation, or from taking part directly or indirectly in the management of any corporation? | No |
| (i) * Whether he has ever been the subject of any order, judgement or ruling of any court, tribunal or governmental body, permanently or temporarily enjoining him from engaging in any type of business practice or activity? | No |
| (j) Whether he has ever, to his knowledge, been concerned with the management or conduct, in Singapore or elsewhere, of the affairs of :- | |
| (i) * any corporation which has been investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; or | No |
| (ii) * any entity (not being a corporation) which has been investigated for a breach of any law or regulatory requirement governing such entities in Singapore or elsewhere; or | No |
| (iii) * any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; or | No |
| (iv) * any entity or business trust which has been investigated for a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, | No |
| in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust? | |
| (k) * Whether he has been the subject of any current or past investigation or disciplinary proceedings, or has been reprimanded or issued any warning, by the Monetary Authority of Singapore or any other regulatory authority, exchange, professional body or government agency, whether in Singapore or elsewhere? | No |
| >> Information required under Rule 704(7)(i) | |
| Disclosure applicable to the appointment of Director only. | |
| Any prior experience as a director of a listed company? | Yes |
| If yes, please provide details of prior experience | 2008-Present Independent Director Thoresen Thai Agencies PLC Bangkok, Thailand 2005-Present Independent Director Norse Energy Corp. ASA Oslo, Norway 2006 Independent Director Petrojarl ASA Oslo, Norway |
| Footnotes | Macquarie Securities (Singapore) Pte Limited was the Sole Global Coordinator, Bookrunner and Underwriter for, and Macquarie Securities (Asia) Pte Limited was the Issue Manager for, the initial public offering of the Company. This announcement has been prepared and released by the Company. |
