Jutal Offshore Oil Services Limited announced that Mr. Zhao Wuhui has tendered his resignation as Executive Director of the company for his working arrangement and Mr. Li Chunyi has tendered his resignation as Executive Director because of his retirement with effect from 1 March 2016. Mr. Zhao Wuhui and Mr. Li Chunyi confirmed that they have no disagreement with the Board and there is nothing relating to their resignation that needs to be brought to the attention of the Stock Exchange of Hong Kong Limited or the shareholders of the Company. The company announced that Mr. Tang Hui and Mr. Li Jing have been appointed as the Executive Directors of the company with effect from 1 March 2016.

Mr. Tang Hui is the president of the company, who is responsible for the operations and management of the Group. Mr. Li Jing is the vice president of the Company, who is responsible for the management of production, procurement and safety of the Group.