Midcost Ltd. (MCL) and Aladdin Oil & Gas ASA (AOG) has agreed to terminate their partnership understandings as agreed and unanimously passed by the EGM of Aladdin on August 29, 2014. AOG and MCL agreed to amicably end their joint relationship with no intention of claiming damage from each other. Due to termination the company directorate changes to be Lady Olga Maitland and Mr. Claude Gueant have each resigned as directors of the Company and Mrs. Stine Fjell has withdrawn her resignation from the Company.