Oriel Resources announces today that Sebastian Taylor, a non-executive director of the Company, has resigned based on his desire to spend more time on his other business projects.

Executive Chairman of Oriel, Dr Sergey V. Kurzin said: “Sebastian was one of the founder directors of the Company and I would like to thank him for his contributions to Oriel’s development and wish him well in his other business interests.”

- Ends -

For further information please contact:

Dr Sergey V Kurzin, Executive Chairman, Oriel Resources plc
Tel: +44 (0) 20 7514 0590

Nick Clarke, Managing Director, Oriel Resources plc
Tel: +44 (0) 20 7514 0590

Jonathon Brill/Billy Clegg, Financial Dynamics
Direct: + 44 (0) 20 7831 3113

Vanguard Shareholder Solutions
Tel: 1-800 866-788-9288