EANS-Adhoc: C.A.T. oil AG / New Management Board for C.A.T. oil AG

--------------------------------------------------------------------------------
ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
--------------------------------------------------------------------------------

Board of Directors (Appointments and Changes)/Company Information
27.02.2015

- Supervisory Board appoints long-time industry experts

with international background

- Change of the Management Board with immediate effect

The newly established Supervisory Board of C.A.T. oil AG, headed by majority
shareholder Maurice Dijols, has appointed with immediate effect the future
Management Board of the oilfield service company. Three long-time industry
experts with international experience take over the top executive level of the
listed company with its headquarters in Vienna. The former Management Board has
been recalled with immediate effect as well.

The Supervisory Board appointed oil manager Mr Yury Semenov, age 37,
as new Chairman of the Management Board. Semenov started his career
in the year 2000 joining a Canadian office of the Russian oil company
LUKoil. From 2005 onwards he held various top-level positions at the
world's leading oil service provider Schlumberger in the United Arab
Emirates, Great Britain and Russia. Until recently he acted as Vice
President for Schlumberger Logelco in Moscow.

The position of Vice-Chairman and CFO was entrusted to Mr Valeriy
Inyushin, age 42, Ph.D. of Economics and holder of a French
Management Diploma. Mr Inyushin provides professional expertise in
various industries - from financial services (six years for UniCredit
Bank Russia), shipbuilding and mechanical engineering to a large
industry holding - for his new assignment.

Mr Evgeny Pankratov, age 63, a long-time executive of C.A.T. oil AG,
completes the new Management Board. The 63-year old, who has been in
the industry for more than four decades, is working for the company
since 2005, leading the operating companies of C.A.T. oil in Russia
and CIS as CEO for the last seven years.

end of ad-hoc-announcement ==========================================
======================================

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

end of announcement euro adhoc
--------------------------------------------------------------------------------

issuer: 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