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Tlou Energy’s Managing Director returns as of 2017

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World Coal,

Anthony Gilby, who has been on extended leave due to illness, is returning to the Board of Tlou Energy Ltd, the AIM and ASX listed company focused on delivering power in Botswana and southern Africa through the development of coalbed methane (CBM), in a full-time capacity, effective 1 January 2017.

Gilby will return to his original position of Managing Director.  During Gilby's leave, Gabaake Gabaake held the role of Acting Managing Director.  Gabaake will continue in the position of Executive Director, which he held prior to taking on the role of Acting Managing Director.

Gabaake will govern local stakeholder relations and contracts in Botswana as the Company progresses its planned CBM-to-power project in 2017, which is the most advanced CBM project in the country.

There have been no material changes to the contracts held by any of the other Board Directors.  All the duties and responsibilities of Gilby's previous Managing Director role will remain the same.

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