Oriel Resources plc (‘Oriel’, or the ‘Company’) (AIM:ORI, TSX:ORL) announces that on 6 September 2006 it received a notification given in fulfilment of the obligations imposed under section 198 of the Companies Act 1985 (‘the Act’) by Morgan Stanley Securities Limited (‘MSSL’), that on 4 September 2006 MSSL acquired an interest in the shares that resulted in the total holding of 22,336,286 shares, being approximately 10.99% of the issued share capital of the Company.

MSSL is a member of the Morgan Stanley group of companies. Those group companies which are direct or indirect holding companies of MSSL are, under the terms of section 203 of the Act, each interested by attribution in any shares in which MSSL is interested.

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