Press Releases
 
 
AMERICAN ENERGY ANNOUNCES APPOINTMENT TO BOARD OF DIRECTORS  
 
Westport, Connecticut. June 13, 2005
 
The American Energy Group, Ltd. (OTC.BB: AEGG) announced today that it has appointed Karl Welser of Dietlikon, Switzerland to its Board of Directors. Welser, age 51, has been actively involved in private real estate and finance ventures since 1999. After attending business school in Zurich, Mr. Welser joined Bank J. Vontobel in 1971 which specialized in private financial management. In the late 1970s Mr. Welser attended the Zurich Management School where he obtained his Economist KSZH degree. From 1980 through 1998, while employed at Zürcher Kantonalbank, Bankinstitut and UBS in Zurich, Switzerland, respectively, Mr. Welser’s primary activities included analysis of the securities markets.
 
Mr. Pierce Onthank, Chairman , President and CEO of American Energy stated: “We could not be more pleased that Karl Welser has agreed to join our Board. He brings a wealth of business and financial experience to our young company which will be extremely helpful as we develop and implement our business plans.”
 
This news release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events, or performance and underlying assumptions and other statements, which are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, economic conditions, the impact of competition and pricing, and domestic and foreign government regulation and approvals. All such forward-looking statements, whether written or oral, and whether made by, or on behalf of the Company are expressly qualified by the cautionary statements and any other cautionary statements which accompany the forward-looking statements. In addition, the Company disclaims any obligation to update forward-looking statements to reflect events or circumstances after the date hereof.
 
For further information contact Pierce Onthank, President and CEO at (203) 222-7315 or mail@aegg.net.

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