Announcement Of Cessation As Operations Director, Mermaid Offshore Services Ltd.
20 December 2010
| Resignation Details | |
| Name Of Person | Mr. Scott Campbell |
| Age | 32 |
| Is Effective Date Of Cessation Known? | Yes |
| Effective Date Of Cessation | 17/12/2010 |
| Detailed Reason(s) for Cessation | Personal/family related reasons. |
| Is there any difference of opinion on material matters between the person and the Board of directors? | No |
| If yes, please elaborate | NA |
| Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer? | No |
| If yes, please elaborate | NA |
| Any other relevant information to be provided to shareholders of the listed issuer? | No |
| If yes, please elaborate | NA |
| Date of Appointment to current position | 16/09/2010 |
| Job Title | Operations Director, Mermaid Offshore Services Ltd. |
| Role and Responsibilities | Responsible to manage and oversee the day-to-day operations of the subsea engineering services business of the Company. |
| Does the AC have a minimum of 3 members (taking into account this resignation)? | Yes |
| Number of Independent Directors currently resident in Singapore (taking into account this cessation) | Two (2). |
| Number of Cessations of Appointments specified in Listing Rule 704(7) over the past 12 months | Four (4) inclusive of this announcement. |
| 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. |
| Other Directorship | |
| Past Directorship (for the last five years) | Aquanos AS Aquanos Ltd. |
| Present Directorship | None. |