Board Restructure 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 Board Restructure The Board of Tawana Resources NL (“Tawana” or “the Company”) advises that Mr Robert Benussi has been appointed to the Board of Directors (the Board) as an Independent Non-Executive Director of the Company with effect 4 December 2015. Mr Benussi was the founding shareholder and director of Bligh Resources Limited (ASX: BGH) holding the positions of Managing Director / Chief Financial Officer from 1 July 2011 to 8 October 2015. Prior to this role he held various positions at Jupiter Mines Limited as Chief Financial Officer, Company Secretary and General Manager, Corporate from July 2006 to June 2011 and was a Non- Executive Director of Resource Star Limited (ASX: RSL) from July 2009 to March 2013. Mr Benussi brings extensive experience in finance, corporate advisory, stockbroking and business development to the Tawana Board. In conjunction with the appointment of Mr Benussi, Mr Wayne Richards has resigned as a Director and will leave the Company today. The Board would like to thank Mr Richards for his significant contribution to the Company and the advancement of the Mofe Creek Project since commencing his role in 2013 and wish him all the best for the future. As part of the Board restructure, Mr Michael Bohm will assume the role as Non-Executive Chairman. The Board will continue to review the program for the Mofe Creek project in light of the prolonged downturn in the iron ore price and junior exploration investor sentiment, while continuing to examine other prospective investment opportunities. For further information, please contact: Michael Naylor Executive Director Ph: +61 8 9489 2600 07 December 2015 Sponsor PricewaterhouseCoopers Corporate Finance (Pty) Ltd Date: 07/12/2015 09:18:00 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.