The Board of Karoon Gas Australia Ltd. announced that Mr. Peter Turnbull has been appointed as Interim Chairman of the Company from 15 August 2018. The decision to appoint Mr. Turnbull follows the unfortunate passing of Dr. David Klingner and will allow the Board to conduct a thorough process to appoint a permanent replacement. Following Mr. Turnbull's appointment, Karoon's Board will consist of a total of seven Directors including four independent Non-Executive Directors (including the Interim Chairman), one Non-Executive Director and two Executive Directors.