NEWS

14 July 2006
Exercise of options
Oriel Resources plc (“Company”) (AIM:ORI, TSX:ORL), announces today that options over ordinary shares of 1p each in the capital of the Company under the Company’s share option scheme have been exercised.

Details of the options exercised are as follows:

Number of Options Exercise Price
166.667 15p

Accordingly, application will be made for 166.667 ordinary shares of 1p in the Company, which will rank pari passu with existing ordinary shares, to be admitted to trading on AIM. The admission is expected to occur on July 14 2006.

ENDS
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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