Director Declaration

RESOLUTION LIMITED

Registered Office: Trafalgar Court, Les Banques, St Peter Port, Guernsey, Channel Islands

Company Number: 49558

Director's External appointment

Resolution Limited (the "Company") has been notified that Jacques Aigrain, a non-executive director of the Company, has, with effect from today, 5 May 2011, been appointed a non Executive Director of LyondellBasell Industries N.V., a company incorporated in The Netherlands and listed on the New York Stock Exchange.

Enquiries:

Satty Grewal-Carter

Company Secretary

Northern Trust International Fund Administration Services (Guernsey) Limited

+44 (0) 1481 745 000

A copy of this announcement is and will be available, subject to certain restrictions relating to persons resident in restricted jurisdictions, for inspection on the Company's website at www.resolution.gg. For the avoidance of doubt any other information contained on Resolution's website does not form part of this announcement.