PetroChina Reports on Proposed Change of Supervisors
OREANDA-NEWS. April 01, 2013. The board of directors (the "Board") of PetroChina Company Limited (the "Company") hereby announces that Mr. Sun Xianfeng, a supervisor of the Company, will resign from his office due to age, with effect from the date of the forthcoming 2012 annual general meeting of the Company (the "AGM").
Mr. Sun confirms that he has no disagreement with the supervisory board of the Company (the "Supervisory Board") during his term of office and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company (the "Shareholders").
The Supervisory Board recommends the Shareholders to elect Mr. Li Qingyi as a supervisor of the Company and Mr. Fan Fuchun as an independent supervisor of the Company at the AGM. A circular containing, among other matters, details of the proposed change of supervisors, together with a notice of the AGM, will be dispatched to the Shareholders as soon as practicable.
The Supervisory Board would like to take this opportunity to thank Mr. Sun for his contribution to the Company during his term of office as a supervisor of the Company.
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