EANS-News

PI Power International Limited / Annual General Meeting Approves All Resolutions with an Overwhelming Majority

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Annual & Special Corporate Meetings

Jersey/Vienna, October 31, 2014 - All proposed resolutions on the
agenda of the Annual General Meeting (AGM) of PI Power International
Limited (PI, in liquidation) held today, Friday, in Vienna, were
approved by a majority of over 99,5%.

As the Articles of Association of PI require that each director shall
retire at each AGM, the current Board of Directors put themselves
forward for re-election. James Shinehouse, Richard Boléat, George
Baird and Murdoch McKillop were re-elected as directors of PI. James
Shinehouse was also re-elected to the position of Managing Director
of PI.

In addition, the AGM also approved PI's annual accounts, the
directors' report and the auditor's report for the period January 1,
2013 to December 31, 2013. Grant Thornton Unitreu
Wirtschaftsprüfungs- und Steuerberatungs-GmbH, Vienna, was once again
appointed as auditor to the Company.

Further information on PI Power International Limited (in
liquidation) is available at: www.powerinterntional.eu

Further inquiry note:
Martin Hehemann

Metrum Communications

T: [phone]

E-mail: [e-mail]

end of announcement euro adhoc
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company: PI Power International Limited
1st Floor, 7 Bond Street
A-JE2 3NP St Helier, Jersey, Channel Islands
mail: [e-mail]
WWW: www.powerinternational.eu
sector: Energy
ISIN: AT0000A05W59
indexes: other securities.at
stockmarkets: Third Market: Wien
language: English