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TAW - Tawana Resources NL - Executive Chairman to drive Development

Release Date: 20/06/2008 14:10:06      Code(s): TAW
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                     
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