Election of chairman of the board of directors and relief of duties for the managing director

| Source: Selena Oil Gas Holding AB
Following election of a new board of directors in Selena Oil and Gas Holding AB
(publ) on 14 January 2013, the board of directors resolved – during the evening
of the same date – to elect Mr Oleg Popov as chairman of the board of
directors. Furthermore, the board of directors resolved to relieve the managing
director from his duties. The managing director’s employment has not been
terminated and he has not been dismissed but only relieved from his duties
until further notice.


For further information, please contact:

Name: Magnus Stuart

phone: 0706 21 13 50



Selena Oil & Gas Holding AB (publ) (former Emitor Holding AB) is engaged in the
production and transportation of oil and gas in the Volga-Ural region in the
Russian Federation, including Perm and Udmurtia. The company is listed on
NASDAQ OMX First North Premier in Stockholm under the ticker SOGH. Mangold
Fondkommission is the company´s Certified Adviser and liquidity provider,
telephone +46 8-503 015 50.