NEWS

19 July 2005
Directors’ share purchases
Oriel Resources PLC announces that the following directors have purchased shares in the Company:

Name Number of Shares Date of purchase Price paid per share Increased beneficial interest % of issued share capital
Sergey Kurzin 100,000 19 July 2005 £0.29 8,587,500 4.26
Roger Richer 58,000 18 July 2005 CAD $0.638 98,000 0.05
Geoffrey Bush 50,000 18 July 2005 £0.29 350,000 0.17
David Swan 10,000 19 July 2005 £0.29 10,000 0.005
John Reynolds 2,000 18 July 2005 CAD $0.64 2,000 0.001

 

Ends

For further information please contact:

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