ANNUAL GENERAL MEETING (“AGM”) APPROVES GROUP HOLDING COMPANY NAME CHANGE TO CEMOS GROUP PLC

Annual General Meeting (“AGM”) of shareholders has unanimously approved the resolution to change the name of the group’s holding to Cemos Group Plc to reflect the current strategy to focus on oil shale, energy as well as cement and other infrastructure materials.
Cemos Group Plc will operate with the Global Oil Shale (“GOS”) branded operations for mining and energy activities and Cemos branded operations for cement, clinker and infrastructure materials related products.
The group is supported by its Global Oil Shale Oy activities based in Finland as well as Global Oil Shale Australia Pty Ltd in Australia and its CEMOS-Ciment S.A. cement related activities in Morocco. The establishment for GOS Energie S.A. in Morocco for oil shale mining, power and potential shale oil production is pending.

For further information contact:

Petri Karjalainen – Executive Chairman
Tel: +44 7811 200 885 e-Mail: pk@cemosgroup.com

Anton Eiguine – Investor Relations
Tel: +44 7768 491 863 e-Mail: ase@cemosgroup.com