DGAP-News: United Energy Group plc: Corporate Management of United Energy Group recently taken over by Experienced Senior Industry Executives

United Energy Group Plc. / Change of Personnel/Strategic Company Decision

30.01.2009 

Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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London, UK - 30 January 2009

United Energy Group (UEG) has marked the consistent continuation of its
strategic reorganisation in South Eastern Europe by appointing three
experienced Senior Industry Executives. Taking into consideration the
priorities of the business division Energy Production, Energy Consulting
and Energy Investment a special focus is given to renewable energy sources
to meet the increasing world energy demand.

Dr.-Ing. Rolf Haferkamp (47), having held executive positions in corporate
groups like Ruhrkohle AG, CSC PLOENZKE AG, NORDAG AG and Brambles
International before, was appointed Chief Executive Officer (CEO) with
immediate effect. Dr. Haferkamp points out: 'By means of cooperation, new
business lines and alternative strategies we are prepared to accept and
successfully cope with the challenges arising from changing energy markets.
Thereby a special emphasis is given to company’s social responsibility. We
take up the challenge of the current climate protection debate with a view
to play a part in contributing actively in the reduction of the carbon
dioxide emission.'

The function of a Chief Financial Officer (CFO) of United Energy Group will
be taken over by Dipl.-Oec. Dipl. Wirtsch.-Ing. Udo Witte (44). As a master
of business and engineering he was previously engaged as a managing
director by B.U.S AG, the waste management company Cleanaway, BauBeCon and
Pirelli RE. 'United Energy Group offers services characterized by solidity
and transparency. Simultaneously our action is governed by approved
standards of the corporate governance and voluntary agreements like code of
conduct.'
Mr Hans-Günter Lümmen (74) was recently appointed a director and will be
the Chairman of the Board with immediate effect. He was previously acting
as a member of the supervisory board of various companies listed on the
stock exchange. Moreover he had been a member of the executive board of the
Krupp-group for many years. Mr Lümmen said: 'The realisation of the
objectives of the business divisions Energy Production, Energy Consulting
and Energy Investments is essentially characterised by sustainability and
responsibility. Climate protection is a matter of world-wide concern by now
and all organisations should be engaged in this topic.'

UEG’s prevailing projects are being verified at present and first success
and results can be expected in the near future. A special focus will be
given to renewable energy sources and UEG will concentrate its endeavours
on developing professional solutions.



United Energy Group: United Energy Group is an independent, listed energy
company headquartered in London, U.K. After its foundation in the year 2006
the company focussed its activities initially to energy production. Within
the last two years UEG has made a considerable progress resulting in
successful formation of the business divisions Energy Consulting and Energy
Investments. Therewith the company adapts to the global market development
with the objective of contributing significantly to the energy supply and
meeting the world-wide rising energy demand.

Forward-Looking Statement: This news release may contain certain
forward-looking statements, including declarations regarding United Energy
Group and its subsidiaries’ expectations, intentions, strategies and
beliefs regarding the future. All statements contained herein are based
upon information available to UEG management as of the date hereof, and
actual results may vary based upon future events, both within and without
the control of UEG management, including risks and uncertainties that could
cause actual results to differ materially including, among other things,
the impact that acquisitions may have on the company and its capital
structure, market conditions, uncertainties inherent in operational
businesses, unexpected future capital expenditure requirements,
competition, laws and governmental regulations, inherent country-specific
risks, fluctuations of currencies and other factors.

Media Contact:
Business Network Marketing- und Verlagsgesellschaft mbH
Katrin Wagenaar, Fasanenstraße 47, 10719 Berlin
Tel.: 030 – 81 46 46 00
Fax: 030 – 81 46 46 0 46
E-Mail: kw@businessnetwork-berlin.com
DGAP 30.01.2009 
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