ITX - MANAGEMENT CHANGES IN THE PHILIPPINES Mr. Leo Cleto A. Gamolo has been promoted to the position as the Country manager and Head of the Philippine operations. Jon Steen Petersen will in April 2014 reach the Company's retirement age, and has - and in line with the Company's succession planning, decided to hand over the operations in the Philippines to Mr. Gamolo. Mr. Petersen has also stepped down as the Company's COO with effect from 1 July 2013, and will work for the Company until he retires in April 2014. Mr. Gamolo has a strong background from the exploration and mining sector. Mr. Gamolo has been with Intex since 2006 and worked on the Mindoro project since 1999, served as the president of Crew Minerals Phils. and Apex Mining. He acted as legal counsel to Philippine mining and Exploration companies for several years and has been in the Philippine mining industry for 20 years. Mr. Gamolo is a lawyer as well as a civil engineer, and resides in Manila, Philippines. Mr. Gamolo will be part of the executive management team of Intex Resources ASA, and will resume the position as the CEO& President of Intex Resources Philippines Inc. effective from 1 July 2013. Oslo, 1 July 2013 Henno Grenness CEO Intex Resources ASA
Intex Resources Philippines Inc. 2014