Oriel Resources plc (“Oriel”, or the “Company”) (AIM:ORI, TSX:ORL) announces that on 26 and 27 January 2006 it received notifications given in accordance with s.198 of the Companies Act that RAB Capital Plc (“RAB Capital”), acting as investment manager for a number of commingled funds has, as a result of purchase of 5,052,000 shares on 25 January 2006 and 6,500,000 shares on 26 January 2006, increased its holdings to 32,799,225 ordinary shares of 1p each, fully paid. This holding represents 16.19% of the current issued ordinary share capital of the Company.
RAB Capital does not act as custodian for its clients and therefore the shares are held in the nominee names of the custodians of its clients, which are CSFB Nominees Ltd and Morgan Stanley & Co. International Ltd.

The Company also announces that on 27 January 2006 it received a notification given by The Capital Group Companies, Inc. on behalf of its affiliates, including Capital Research and Management Company, disclosing that it holds an interest of 5,000,000 Ordinary Shares in the Company, which represents approximately 2.47% of the current issued ordinary share capital of the Company, which no longer represents a notifiable interest in the Company.

For further information please contact:

David Swan, Company Secretary, Oriel Resources plc
Tel: +44 (0) 20 7514 0590