Edward LaFehr appointed President TAQA North Ltd.; Frédéric Lesage named Chief Strategy Officer

September 18, 2012, Abu Dhabi, United Arab Emirates - TAQA North Ltd. ("TAQA North"), a wholly-owned subsidiary of Abu Dhabi National Energy Company PJSC ("TAQA"), has appointed Edward LaFehr to the position of President of TAQA North, succeeding Frédéric Lesage who has been appointed to the newly created role of Chief Strategy Officer of TAQA, with both appointments effective October 9, 2012.

Mr LaFehr, currently Senior Vice President at Talisman Energy Inc. ("Talisman"), will be based in Calgary, Canada and responsible for the company's North American oil and gas operations. In his present role at Talisman, Mr LaFehr is responsible for the company's Canadian business with assets across Alberta, Saskatchewan and northeast British Columbia. Prior to Talisman, Mr LaFehr held a variety of positions with BP in the United States, Egypt, the North Sea and Trinidad and Tobago. Mr LaFehr holds a Master of Science in Geophysics from Stanford University and a Master of Science in Mineral Economics from the Colorado School of Mines.

Mr Lesage will be responsible for TAQA's portfolio alignment and group strategy in his new role based in Abu Dhabi. Mr Lesage joined TAQA in 2007 as Group Vice President, Integration and Optimisation, before moving to Canada in 2008 as Managing Director and then President of TAQA North. While at TAQA North, he successfully consolidated three North American companies acquired by TAQA in 2007 and 2008 into a single exploration and production company.

Carl Sheldon, CEO of TAQA, said: "I would like to congratulate Frédéric on his new role. I look forward to Fred joining my executive team in Abu Dhabi where he will be ideally placed to ensure an efficient execution of our strategy across the Group at what is a very exciting time for the company."

David Cook, TAQA Executive Officer and Head of Oil and Gas, added: "Edward LaFehr is a well-rounded senior executive who brings to TAQA leadership and operational experience from large and complex operations in various geographies. We are pleased Ed is joining our team."


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Contact Information for Media:

Abu Dhabi

Thomas Ashby

GVP Corporate Communications

Tel +971 2 691 4802

Allan Virtanen

Head of Media

Tel +971 2 691 4894

Mob +971 56 685 2717

Allan.Virtanen@taqaglobal.com

Calgary

Leroy McKinnon

Tel:+1 403 724 5035

Leroy.McKinnon@taqa.ca

About TAQA

Established in 2005, TAQA is a diversified international energy group headquartered in Abu Dhabi, the capital of the United Arab Emirates, and listed on the Abu Dhabi Securities Exchange (ADX: TAQA).

TAQA's business is made up of three operating divisions spread across the entire energy value chain: power generation & water desalination; oil and gas exploration & production; and emerging & alternative energy technologies.

Power & Water: TAQA is one the largest independent power producers in the world and the majority owner of the facilities that provide 98% of the water and electricity requirements in Abu Dhabi. TAQA's power plants are located in the UAE, Morocco, Oman, Saudi Arabia, Ghana, India, and USA.

Oil & Gas: with operations in Canada, UK, the Netherlands, USA and Iraq, TAQA's oil and gas business includes exploration and production, underground gas storage and pipeline transportation.

Emerging & alternative energy technologies: TAQA Energy Solutions is dedicated to alternative and technology-driven energy initiatives for long-term efficient energy production and generation.

TAQA's vision is to deliver 'Energy for Growth': growth within the business; social and economic progress in the communities where TAQA operates; and increased value for our shareholders.

Over the past 40 years the UAE and Abu Dhabi have pursued a vision embodied by progressive development, investment and the highest global standards. TAQA is proud to align its strategy both domestically and globally to Abu Dhabi's economic vision 2030, working towards sustainable economic development.

For more information about TAQA visit: www.taqaglobal.com or Twitter: @TAQAGLOBAL

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