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Novera Energy Ltd (NVE)

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Monday 28 November, 2005

Novera Energy Ltd

Directorate Change

Novera Energy Ltd
28 November 2005




                                                            ASX/AIM ANNOUNCEMENT


28 November 2005



                               Board Appointment

Novera Energy announces the appointment of Ms Michelene Collopy as a Director of
the Company and the resignation of Mr Shane Gannon as non-executive director.

John Brown, Chairman of Novera Energy said 'The board of Novera would like to
thank Shane for his contribution to the company and to wish him every success in
the future.  We would also like to welcome Michelene to the Board'


Ms Michelene Collopy-Company Secretary- Executive Director

Michelene Collopy has over 20 years experience in financial markets. She has a
strong finance and compliance background and has held senior positions in
banking and funds management.

Michelene commenced with the Company in May 2003 and has been closely involved
in the corporate re-structuring activities in recent years.

Michelene is on the Compliance Committee of Perpetual Investments She holds a
BEc from ANU and is a qualified Chartered Accountant.

                                      ENDS


Additional information:


Australia:
David Reid, Westbrook Communications: +61 (02) 9231 0922 / mobile 0417 217157
Brian Stewart, Novera Energy, +61 (02) 9240 2704 / mobile 0403 465433

UK:
Ken Cronin/Janine Brewis, Gavin Anderson & Company, + 44 (0) 20 7554 1400


                              www.noveraenergy.com


                                   SCHEDULE A


28 November 2005



                              Terms of Appointment


                      Director Disclosures - New Directors



Ms Michelene Collopy
Company Secretary and Executive Director
Novera Energy Limited


Remuneration

Term of agreement: 12 month rolling, commencing 1 March 2005.


Fixed Compensation: Consists of base salary.


Short Term Incentives: Eligible to participate in the Bonus Plan which will
award bonuses linked to performance measures approved by the Board and payable
in shares.


Resignation: Employment may be terminated by 3 months written notice in writing.
Resignation results in forfeiture of all cash bonus and equity incentives.


Termination: Novera Energy may terminate the contract at any time by providing 3
months written notice


Termination for serious misconduct: Novera Energy may terminate the employment
agreement at any time without notice, if found guilty of misconduct.


Disclosures

Michelene Collopy (age 48)



Michelene holds a Bachelor of Economics from the Australian National University
and is a qualified Chartered Accountant.



The following directorships have been held by Michelene Collopy within the last
five years:

   Direct Portfolio Services Limited

   Bulletin Place Capital Limited




There are no other disclosures required under AIM rules, Schedule 2.








                      This information is provided by RNS
            The company news service from the London Stock Exchange