Statement on investigation

With respect to media reports that an investigation has been reopened in Colombia concerning certain of our current and former employees, Drummond Ltd. would like to provide the following information:

  • Drummond’s alleged involvement with the AUC has been exhaustively investigated by prosecutors in Colombia and by the courts in the United States, with all concluded cases and investigations resulting in favor of the Company and its employees.

  • Neither the Company nor its employees have been notified by Colombian authorities of the reported investigation, and have only been made aware of this situation by the media.

  • The Company reiterates that it has never supported illegal armed groups.

  • Drummond will continue to cooperate fully with the authorities as it has done in the past.

Drummond Ltd. expresses full support of its employees and is confident that, as on all previous occasions, the outcome of any investigation will be favorable.