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Caspian Oil and Gas Appoints New Director

Caspian Oil & Gas Limited is pleased to announce the appointment of Mr Avraham Ben-Natan as a
Non-Executive Director of the Company.

Mr Ben-Natan is an experienced businessman and investor who resides in the Kyrgyz Republic.
His local knowledge, analytical skills and enthusiasm will be of benefit to Caspian in its efforts to
commercialise its Kyrgyz oil interests.

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