URU Metals Limited Regulatory News (URU)

For immediate release

10 May 2010

NIGER URANIUM LIMITED

("Niger Uranium" or "the Company")

BOARD CHANGES

As previously announced on 21 April 2010, the Board of Niger Uranium announces that as the Special dividend has become effective today, David Weill and Ian Stalker, have stepped down as directors of the Company. Paul Loudon has today become Chairman. Ian Stalker will continue to act as joint-Chief Executive for an interim period while there is an orderly transfer of executive responsibilities by him to Anton Esterhuizen who has been appointed as joint-Chief Executive (non-board appointment).

The Board composition is therefore as follows:

·; Mr Paul Loudon, Chairman

·; Mr Gordon Cassidy, Chief Financial Officer

·; Mr John Lynch, Non-Executive Director

Contacts:

Niger Uranium Limited

Gordon Cassidy Tel: +27 (0) 11 269 4900

Nominated Adviser Tel: +44 (0) 207 628 3396

Beaumont Cornish Limited

Michael Cornish

ENDS