NIGERIAN GERMAN CHEMICALS PLC – Resignation of Directors

Nigerian German Chemicals Plc has notified The Nigerian Stock Exchange that at the meeting of its Board of Directors held on Friday, 4^th September, 2015, Mr Babatunde Savage (Chairman) and Mr Olusegun Oshinowo (Non-Executive Director) resigned their respective appointments. The Company also announced the resignation of Mr Adeboye Shonekan, its Executive Vice Chairman and Chief Executive Officer with effect from 4^th September, 2015.

Consequent to the resignation of Mr Babatunde Savage (Chairman) and Mr Adeboye Shonekan (Chief Executive Officer), the Company has appointed the following persons in acting capacity effective 4^th September, 2015.

• Samson Osewa – Chairman, Board of Directors
• Stepahane Le Bouder – Chief Executive Officer