SNRP.L Regulatory News (SNRP)

21 October 2010

Strategic Natural Resources PLC

("SNR" or the "Company")

Update on feasibility study

Strategic Natural Resources (AIM:SNRP), 74% owner of coal exploration and production assets located near Indwe in the Eastern Cape province of South Africa, is pleased to announce that it has received the washability and market application studies. This represents the third and final stage of the feasibility study into the export of coal from Elitheni Coal's mine (the "Feasibility Study"). The Board of SNR are currently reviewing these studies and expect to be in a position provide a full update on the outcome of the Feasibility Study to the market by the end of October.

David Nel, CEO of SNR, commented: "We are delighted to receive the final part of our feasibility study and our initial review confirms that this supports the Boards previously held expectations for the export feasibility of Elitheni Coal, in addition to providing additional opportunity which the board will soon be in a position to report on."

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.