It is with great sadness that the Board of Globaltrans Investment Plc announces the death of Dr. Johann Franz Durrer, the Senior Independent Non-executive Director of the Globaltrans' Board. Dr. Johann Franz Durrer: Dr. Durrer joined the Board of Globaltrans in March 2008. He was the Senior Independent Non-executive Director, Chairman of the Remuneration and Nomination committees.

Dr. Durrer began his career at Union Bank of Switzerland and in 1970 founded Fidura Treuhand AG which provides bookkeeping, auditing and financial services. Dr. Durrer graduated from the University of Zurich with a doctorate in Economics and was a member of the Swiss Fiduciary Association.