The board of directors of Falcon Energy Group Limited announced that Mr. Mohan Raj S/O Charles Abraham has tendered his resignation as Non-Independent and Non-Executive Director of the company with effect from December 31, 2013. Consequent to his resignation as Non-Independent and Non-Executive Director of the company, Mr. Mohan Raj S/O Charles Abraham will also step down as a member of the audit and remuneration
committees with effect from December 31, 2013. The company is in the process of seeking a replacement for Mr. Mohan Raj S/O Charles Abraham and
the appropriate announcement will be made in due course.