The Israel Land Development Company Ltd.

Board/Management Information • Aug 1, 2019

National Storage Mechanism | Additional information

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RNS Number : 5391H

Oil and Gas Development Company Ltd

01 August 2019

No.CS04-08/PSX                                                                                August 01, 2019

The General Manager Karachi Stock Exchange Limited Stock Exchange Building Stock Exchange Road Karachi Fax No: 021-32437567	London Stock Exchange Plc.               10 Paternoster Square London EC4M 7LS Tel: (44) 020 7334 8907

Subject: CHANGE / APPOINTMENT OF MD/CEO OGDCL

Dear Sir,

In continuation of our letter No. CS04-08/PSX dated July 01, 2019 (enclosed), it is informed that Mr. Zahid Mir has relinquished the charge of MD/CEO of the company on July 31, 2019 and Dr. Naseem Ahmed has assumed the charge of MD/CEO on acting charge basis with immediate effect.

The above information is submitted in compliance with PSX Regulations / Code of Corporate Governance for dissemination amongst your members please.

Yours truly,

(Ahmed Hayat Lak)

Company Secretary

Copy to:

The Commissioner (Enforcement),

Securities & Exchange Commission of Pakistan,

NIC Building,

Islamabad.

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