Statement re Management Update

SouthernEra Management Update

 

    Shares Issued and Outstanding: 74,499,193

    TSX: SUF

    AIM: SRE

 

    TORONTO, March 15 /CNW/ - SouthernEra Resources Limited announced today

that Dr. Sally Eyre, Vice President Corporate Affairs, has resigned from the

Company to assume the position of President and CEO for the Vancouver junior

exploration company TLC Ventures. A replacement for Dr. Eyre is being sought

and an announcement will be made shortly.

 

    SouthernEra Resources is an independent producer of platinum group metals

and diamonds. The company also has an extensive PGM, gold and diamond

exploration program. The common shares are listed on the Toronto Stock

Exchange and the London Stock Exchange's AIM market.

 

    For further information: PLEASE CONTACT: SouthernEra Resources Limited,

Mr. Patrick Evans, President and CEO, Telephone: [phone],             

Fax: [phone], E-mail: inbox(at)southernera.com, www.southernera.com

    (SUF. SRE)