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Oil and Gas Support (OGSP)

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Wednesday 07 January, 2009

Oil and Gas Support

Proposed change of name to Plus Investors Plc


                                       OIL AND GAS SUPPORT SERVICES PLC

                                 Proposed change of name to Plus Investors Plc

The approval of shareholders was given at last Monday's EGM to widen the investment focus of the Company.

The resolution "That the Directors be allowed to widen the Company's investment focus to seek investment
opportunities generally, including the operating of businesses whether wholly or partly owned" was passed

Subsequently the Board of Oil and Gas Support Services Plc wishes to announce a proposed change of name to Plus
Investors Plc.

The Board considers that its future strategy should be to invest in companies on the PLUS-quoted market.
Following the equity market collapse in 2008 it is felt that in 2009 there could well be several opportunities
to take advantage of low prices in existing and newly quoted situations. Accordingly the Company's investment
focus will expand significantly.

Approval of the Company's shareholders will be sought by the Board to change the Company's name to Plus
Investors Plc.

Shareholders are asked to either return their proxy votes or to attend a General Meeting to be held at the
Company's offices at 1 Carthusian Street, London EC1M 6DZ at 11.30am on Wednesday 14th January 2009.

The Directors of the Company assume responsibility for this announcement.

Contact Details:

Mark Watson-Mitchell                         Tel: 020 7638 8750
Oil and Gas Support Services Plc

Corporate Adviser:
St Helen's Capital Plc                       Tel: 020 7628 5582

Oil and Gas Support Services plc