City of London Investment Group Plc as auditors announced the following changes in composition within the Board's Committees following the re-election of Rian Dartnell at the AGM and his appointment as Chair: Rian Dartnell shall step down as Chair of the Remuneration Committee and cease to be a member of the Audit & Risk Committee; and Tazim Essani shall become Chair of the Remuneration Committee. These changes were both subject to both Rian Dartnell and Tazim Essani being re-elected as Directors of the Company at the AGM and shall take immediate effect.