European Gas Limited

Change in external auditors
Due Diligence and Valuation Report
Quaterly activities report for the period ending June 2010
New exploration permit
Appointment of new CEO & Managing Director
Renewal of exploration permits

17/08/2009 Patersons Securities Limited
– Gazonor Expansion Progress
19/8/2008 Hartleys Limited
– Solving Europe’s Gas Shortage
5/01/2009 Bell Potter Securities Limited
– Company Update

Directors

Mr. Julien Moulin BA (Hons), Masters Asset Management (Hons)
Chairman
Mr Moulin is co-founder of Maoming Investment Manager Ltd, an investment management company investing globally in listed and unlisted companies. He has held positions at Global China Fund, SKI Capital and UBS Global Asset Management. Mr Moulin also holds directorships with Envision Energy and Legend Media Inc.ú

Mr. Rod Bresnehan BAppSc
Non-executive Director
Mr Bresnehan has 35 years of experience in the oil and gas industry in both upstream resources and reserves development; and in downstream commercial and marketing areas, with specific recent emphasis on coal bed methane projects. He has held positions at Santos Limited and Oil Company of Australia (Origin Energy). Mr Bresnehan is currently Chairman of the Australian Council of the Society of Petroleum Engineers and a director of Clean Energy Australasia and Energy Resources Development.

Mr. Sebastian Hempel BSc., LLB., Graduate Diploma in Applied Corporate Governance
Non-executive Director
Mr Hempel is a corporate lawyer with over 18 years advisory experience with ASX listed companies and in the resources sector. He has held positions at Minter Ellison, Macquarie Bank Limited and the Australian Securities Exchange. Mr Hempel also holds directorships with Prosperity Resources Ltd, Greenwich Legal, Conchinta Nominees Pty Ltd and is a member of the Council of the Armidale School.

Mr Mark E Pitts B.Bus, CA.
Company Secretary
Mr Pitts is a Chartered Accountant with over twenty five years experience in statutory reporting and business administration in Australia and internationally. He has been directly involved with, and consulted to a number of public companies holding senior financial management positions. Mr Pitts is a Partner in the advisory firm Endeavour Corporate (Endeavour).

Mr Nicolas Ricquart ENSIACET, IFG
General Manager Gazonor S.A.
An engineer with over 20 years experience mainly in operations and projects in the energy sector. Mr Ricquart has held senior management roles in Exxon Chemicals, EMC (Entreprise Minière et Chimique) and ANDRA (French agency for nuclear waste management) and has conducted Safety, Health and Environment ("SHE") standards implementation for several major corporations.

Mr Eric Allen A.C.S.M & M.Sc.Eng (Mining).
Head of exploration
More than 30 years of engineering and project management experience in the energy industry in the Americas, Europe and Asia. Mr Allen’s experience includes design, management and coordination of exploration programs and development of a variety of projects with particular emphasis on coal bed methane (“CBM”). Mr Allen has also held senior engineering roles with leading consultants in exploration and evaluation of CBM projects in Canada and internationally.

| | | | | |