---

A/S Global Risk Management has announced that Michael Poulsen [pictured] has been employed as Oil Risk Manager at the company's office in Middelfart, Denmark.

Poulsen will be responsible for advising and selling customised fuel risk management solutions including Fixed Price Agreements to our customers exposed to the oil market.

Poulsen is 29 years old and has been involved in finance and risk management since 2004 and is a Bachelor of Finance. Before joining Global he spent 4 years as a foreign exchange trader at a large Danish bank.

Contact details for Michael Poulsen are as follows:

Direct phone: +45 88 38 00 14
Mobile phone: +45 60 37 39 47
E-mail: mpo@global-riskmanagement.com