Oriel Resources(ORI)

Oriel Resources PLC
02 May 2008


                                                                        AIM: ORI
                                                                        TSX: ORL
                                                                   PRESS RELEASE
                                                                     2 May, 2008


                 Oriel Resources Plc ("Oriel" or the "Company")
                              Exercise of warrants
________________________________________________________________________________


Oriel Resources plc (AIM:ORI, TSX:ORL) announces that warrants (AIM:ORIW) over
ordinary shares of 1p each in the share capital of the Company were exercised on
1 May 2008.


Details of the warrants exercised are as follows:

Number of warrants                     Exercise Price

    50,000                                  75p

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 8 May
2008. Following the exercise of these warrants the total issued capital of the
Company will be 641,654,213 ordinary shares.


ENDS
--------------------------------------------------------------------------------

For further information please contact:

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

Gavin Dallas, Marketing and PR, Oriel Resources Plc
Tel: +44 (0) 20 7514 0590

Ryan Gaffney, Canaccord Adams Limited
Tel: +44 (0) 20 7050 6500

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

Keith Schaefer, Vanguard Shareholder Solutions
Tel: + 1 604 608 0824

www.orielresources.com



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