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Oriel Resources PLC (ORI)

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Monday 03 March, 2008

Oriel Resources PLC

Exercise of Options

Oriel Resources PLC
03 March 2008


                                                                    3 March 2008
                                                                        AIM: ORI
                                                                        TSX: ORL
                                                                   PRESS RELEASE


                 Oriel Resources PLC ("Oriel" or the "Company")
                              Exercise of Options


Oriel Resources plc (AIM:ORI, TSX:ORL) announces that options over ordinary
shares of 1p each in the share capital of the Company under the Company's share
option scheme were exercised on 3 March 2008.


Details of the options exercised are as follows:

Number of options                        Exercise Price
    50,000                                   65p

Accordingly, application will be made for 50,000 ordinary shares of 1p each in
the Company, which will rank pari passu with existing ordinary shares, to be
admitted to trading on AIM. The admission is expected to occur on or about 7
March 2008. Following the exercise of these options the total issued capital of
the Company will be 636,811,820 ordinary shares.


Enquiries:

David Swan, Company Secretary, Oriel Resources Plc     
Tel: +44 (0) 20 7514 0590

Michael Padley / Michael Spriggs, Bankside Consultants 
Tel: +44 (0) 20 7367 8888



                      This information is provided by RNS
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