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TAW - Tawana Resources NL - Executive Chairman to drive Development Tawana Resources NL (Incorporated in Australia) (Registration number ACN 085 166 721) Share code on the JSE Limited: TAW ISIN: AU000000TAW7 Share code on the Australian Stock Exchange Limited: TAW ISIN: AU000000TAW7 ("Tawana" or "the Company") 20 June 2008 Executive Chairman to drive Development Following the resignation by Brian Phillips today as Chairman of Tawana, the Board is pleased to announce the appointment of Mr. Neil Barrie as Executive Chairman. Mr. Phillips advised the Board that despite other business commitments he has agreed to remain as a non-executive director of the Company. Mr. Barrie`s brief is to drive development across our range of existing highly advanced diamond interests in South Africa and Botswana, and to seek out through strategic alliance partners, new mineral opportunities with the major focus on iron ore, coal, gold and base metals in the highly prospective southern African countries. The right to access data collected by De Beers Australia Exploration Limited is a valuable asset that is being pursued. Mr. Barrie, an Honours graduate from the University of Western Australia and a former KPMG Director, resides in Melbourne and has 20 years experience in mining evaluation and corporate development throughout Australia, South Africa and Botswana. On appointment, Mr. Barrie praised the outstanding prospects for Tawana based on the company`s advanced Kareevlei Wes, St Augustine`s and Alluvial diamond prospects in South Africa, our highly encouraging Orapa diamond project in Botswana and the value to the Company of the recent manganese discovery by joint venturer, Aquila Resources, in South Africa. Mr. Barrie said: "I am very encouraged by the sound technical depth of this emerging company. To date, they have identified some exceptional diamond deposits, with Kareevlei proceeding to mining status in the very near future. Additionally, we will be seeking to source and evaluate prospective investment opportunities in additional resource projects, with the aim of increasing our opportunities to enhance shareholder value." He went on to say: "I take over at a time where there is increasing focus in South and Southern Africa and our already established presence and excellent strategic alliance partners provide us with a solid platform for strategic growth. I look forward to being an integral contributor to Tawana Resources which is on the threshold of realising significant future successes based on the excellent stewardship of the Board and its senior management team." Wolf Marx Tel: +61 3 98635222 Mob: +61 428 398446 Email:wolf.marx@tawana.com.au All press releases and announcements may be inspected on the Company`s web site, namely: www.tawana.com.au Sponsor PricewaterhouseCoopers Corporate Finance (Pty)Ltd Date: 20/06/2008 14:10:06 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
