Oriel Resources plc (AIM:ORI, TSX:ORL) announces that on 11 September 2006 it received a notification given by Meditor Capital Management Limited, that as of 1 September 2006 it (so far as it is aware) and its clients ceased to have a notifiable interest in the ordinary shares of the Company.

ENDS
------------------------------------------------------------------------------------
For further information please contact:

David Swan, Financial Director and Company Secretary, Oriel Resources Plc
Tel: +44 (0) 20 7514 0590

Gavin Dallas, Marketing and PR, Oriel Resources Plc
Tel: +44 (0) 20 7514 0590

Michael Padley / Michael Spriggs, Bankside Consultants
Tel: +44 (0) 20 7367 8888

Keith Schaefer, Vanguard Shareholder Solutions
Tel: + 1 604 608 0824

www.orielresources.com