Grit Inv Tst Regulatory News (GRIT)

From: Global Resources Investment Trust plc (the "Company")

LEI: 2138005OJKGWG3X4SY51

Date: 8 May 2018

Proposed Board Changes

The Company announces the following proposed changes to its Board of Directors.

The intention is that Sean O'Brien will be appointed to the Board of the Company as a non-independent non-executive Director, representing the interests of the Company's largest shareholder, Mardasa Nominees Pty Ltd, which has notified a 29.70 per cent shareholding in the Company.

Sean O'Brien has been general Manager of a Melbourne based family office for more than 10 years, and has extensive experience overseeing a portfolio of listed and unlisted investments, including many in the natural resources sector. He is a Director of Remasys Pty Ltd, a managed services software business based in Australia.

The Company is also in the process of recruiting an independent non-executive Director, and has appointed an external consultant to assist in this appointment.

It is expected that both Mr O'Brien and the new independent non-executive Director will be appointed with effect from the conclusion of the Company's forthcoming AGM.

A further announcement regarding these proposed changes will be made in due course.

There is no additional disclosure to be made in respect of Sean O'Brien pursuant to paragraph LR 9.6.13R of the Listing Rules of the UK Listing Authority.

Enquiries:

Martin Cassels

Maitland Administration Services (Scotland) Ltd

Tel: +44 (0) 131 550 3760