Gale Pacific Limited has been advised by Non-Executive Director Mr. George Richards that he does not intend to seek re-election as a Director at GALE's upcoming annual general meeting on 30 October 2015. Accordingly, Mr. Richards will cease to be a Director of GALE upon conclusion of the Annual General Meeting. Mr. Richards was appointed as Director on 14 May 2004 and has held the position of independent Non-Executive Director of the company continuously for over eleven years.

Mr. Richards is currently the Chairman of the company's Audit & Risk Management Committee. Upon his retirement as Director the role of the Chairman of the company's Audit and Risk Management Committee will be assumed by current Director Mr. John Murphy (CA, FCPA, B.Comm, M.Comm).