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17 January 2014

Fastnet Oil & Gas plc

("Fastnet" or the "Company")

Directorate Change

Fastnet (AIM: FAST, ESM: FOI), the listed E&P company focused on near-term exploration acreage in Morocco and the Celtic Sea, announces that Dr Steve Staley, Non-executive Director, has resigned from the Company to pursue other interests, with effect from today.

The Board would like to thank Steve for his contribution to the Company and its predecessor since April 2011, including its admission to AIM in June 2012 and wish him well for the future.

The process to find a replacement for Dr. Staley is underway and, accordingly, an announcement will be made in due course.

For further information please contact:

Fastnet Oil & Gas plc

Cathal Friel, Chairman

Paul Griffiths, Managing Director

+353 (1) 644 0007

Shore Capital

Nomad

Bidhi Bhoma, Edward Mansfield

Corporate Broking

Jerry Keen

+44 (0) 20 7408 4090

GMP Securities Europe LLP

(Joint Broker)

Rob Collins

+44 (0)20 7467 2800

Davy

(ESM Adviser & Joint Broker)

John Frain, Anthony Farrell

+353 (1) 679 6363

FTI Consulting

Edward Westropp, Natalia Erikssen, James Styles

+44 (0) 207 831 3113


This information is provided by RNS
The company news service from the London Stock Exchange
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