Ariana Regulatory News (AAU)

8 Sep 2006 12:17

Ariana Resources PLC08 September 2006 08 September 2006AIM: AAU DIRECTORATE CHANGE Ariana Resources plc ("Ariana" or "the Company"), the gold exploration companyfocused exclusively on Turkey, announces that Matthew Grainger, OperationsDirector, is to step down from the Company in order for him to develop newbusiness opportunities. Michael Spriggs, Non-Executive Chairman, commented: "As one of the founder directors of Ariana, Matthew has played an important partin the technical and corporate development of the Company over the last fouryears. He has assisted with the development of our powerful exploration databaseand played an integral part in the Company's successful admission to AIM andrecent £2m financing. With a strong balance sheet in place and the emphasis ofthe Company's activities now on detailed exploration and follow-up drilling,Matthew has decided to seek new challenges." The Board would like to thank Matthew for his considerable contribution andwishes him every success in his future endeavours." Contacts:Ariana Resources plcSteven Poulton, Chief Executive Tel: 01235 511 767s.j.poulton@arianaresources.com Mobile: 0797 408 6712 Bankside ConsultantsMichael Padley / Susan Scott Tel: 020 7367 8888 About Ariana Resources Ariana is a well funded technology-driven exploration company focused on thediscovery of epithermal gold-silver and porphyry copper-gold deposits withmulti-million ounce potential within the Tethyan metallogenic belt of Turkey.The Company has a portfolio of prospective licences covering approximately1,000km2, selected on the basis of its advanced in-house remote sensingdatabase. Ariana's broker is Ambrian Partners Limited and Beaumont CornishLimited is the Company's nominated adviser. For further information on Ariana visit the Company's website atwww.arianaresources.com. This information is provided by RNS The company news service from the London Stock Exchange