SNRP.L Regulatory News (SNRP)

21 October 2010

Strategic Natural Resources PLC

("SNR" or the "Company")

Directorate Change

Strategic Natural Resources (AIM:SNRP) announces that Peter Earl is no longer a director of the Company.

Due to an increasing conflict of interest between SNR and IPSA Group PLC ("IPSA"), a company of which Mr Earl is CEO, the board of SNR (the "Board") requested at a meeting held yesterday that Mr Earl resign as a non executive director of the Company. Mr Earl refused this request and asked for a vote of confidence from the Board. This vote was rejected unanimously by the board members present at the meeting. As a consequence Mr Earl has left the Board of SNR.

The Board is in discussions with Elizabeth Shaw (the Company's current Finance Director and also a director of IPSA) about her position as Finance Director of SNR. Further announcements will be made at the appropriate time when these discussions have concluded.

The Board would like to thank Peter Earl for all his support for the Company during his time as a non executive director.

For further information, please contact:

Strategic Natural Resources plc

David Nel, Chief Executive Officer

+27 (0) 41 374 0842

Jeremy Metcalfe, Communications Director

+44 (0)7785 346 718

Nominated Adviser and Joint Broker - Allenby Capital Limited

Nick Naylor / James Reeve

+44 (0) 20 3328 5656

Joint Broker - SP Angel Corporate Finance Limited

Emin Eyi / Tercel Moore

+44 (0) 207 647 9646

Financial PR/IR - Blythe Weigh Communications

+44 (0) 207 138 3204

Ana Ribeiro / Tim Blythe / Matthew Neal

For further information about Strategic Natural Resources plc please visit www.snrplc.co.uk.