It is with great sadness Tethys Oil announces that the company's co-founder and previous chairman Mr. Vincent Hamilton has passed away after a long battle against neuroendocrine cancer. Vincent Hamilton co-founded Tethys Oil in 2001 and was the company’s chairman from its inception until October 2013. He passed away in Geneva today, Monday March 10, 2014, at the age of 50. “We are deeply saddened to announce that Vince passed away today. Our thoughts are with his wife Mona and their three children. Vince is severely missed by us all. His great passion for geology and oil exploration, his never ending enthusiasm and optimism will be deeply missed but never forgotten. His spirit and way of doing things will remain with Tethys forever,” comments Tethys Oil’s managing director Magnus Nordin. For further information, please contact Magnus Nordin, Managing Director, phone +46 70 576 6555; magnus@tethysoil.com -------------------------------------------------------------------------------- --------------------------------- Tethys Oil AB (publ) Tethys Oil is a Swedish energy company focused on exploration and production of oil and natural gas. Tethys Oil’s core area is Oman, where the company is one of the largest onshore oil and gas concession holders. Tethys Oil also has exploration and production assets onshore France and Lithuania. The shares are listed on NASDAQ OMX Stockholm (TETY) in Stockholm. Website: www.tethysoil.com