Corporate Update

New Finance Director for Thome Group (1 January 2009)

Thome Group has recently appointed a new group finance director. His name is Martin McGregor, a UK national, who joins us as a senior finance professional with eight years audit and consultancy background at PwC followed by nine years managing commercial and back-office finance functions within multinational companies in Singapore and elsewhere.

Martin joins us to replace John O’Hehir, who is leaving to pursue opportunities elsewhere.

Group CEO Olav Eek Thorstensen said: “I am sure Martin McGregor will settle in quickly to Thome Group as he has previously demonstrated success driving organisational change, business realignment, process improvement and cost reduction, whilst ensuring compliance with group level, Sarbox (Sarbanes Oxley requirements), US GAAP and local tax and statutory requirements.

“He also has experience in building and managing highly qualified, matrix teams and has demonstrated the kind of leadership and abilities as a financial controller I believe we need at Thome Group.”