BOARD CHANGES

Sylvania Resources Limited ('Sylvania' or the 'Company'; ASX, AIM: SLV) announces the appointment of John Cooke to the Company's Board of Directors as a Non-Executive Director with immediate effect.

Mr Cooke (64) replaces Non-Executive Chairman Richard Rossiter as Chairman of the Board's Audit Committee, in line with the Board's drive to improve corporate governance and to comply with best practice recommendations of the ASX Corporate Governance Council. Mr Rossiter remains a member of the Audit Committee. 

A fellow of the Institute of Chartered Accountants and an associate of the Institute of Chartered Secretaries and Administrators, both of Australia, Mr Cooke has 40 years' experience in accounting, auditing and taxation, acquired with both private and public companies.

Since 1979 he has been a partner in chartered accounting practice Somes and Cooke, which provides corporate, secretarial, accounting and taxation services to private and public companies. He has considerable resource sector experience in accounting, taxation, audit and administration matters.

Mr Cooke is a director of the following unlisted Australian companies: Brocken Pty Limited; Medif Pty Limited; Granadilla Nominees Pty Limited; Cupreous Pty Limited; Harem Pty Limited; Maxima Pearling Pty Co Limited; Maxima Aviation Pty Limited; Fantome Pty Limited; Glenlo Pty Limited; JSJ Nominees Pty Limited; and Rangiora Pty Ltd. He has not held any other directorships or partnerships in the last 5 years. 

There is no further information to disclose in relation to the appointment of Mr Cooke pursuant to Schedule 2, paragraph (g) of the AIM Rules for Companies. 

Evan Kirby has resigned from Sylvania as Chief Operating Officer and as an executive director from the company's Board with immediate effect.  The Board acknowledges Mr Kirby's valued contribution towards the establishment of Sylvania as a highly profitable PGM producer, and looks forward to his continuing contribution as a consultant to the company in the metallurgical field.

Following internal restructuring of the Company's executive management functions to achieve improved focus on the Company's core business activities and to deliver on growth objectives, the post of Chief Operating Officer is no longer an executive board position.  

The Company has recently strengthened its operational management teams significantly and now retains the services of four qualified metallurgists. This strengthening of internal resources means that the Company now has the capability to manage the majority of new projects in-house rather than having to rely on the services of external project management teams. 

Queries:

In South Africa     

Terry McConnachie

CEO

+27 11 673 1171

James Duncan                    

Russell and Associates        

+27 11 880 3924        

In Australia

Richard Rossiter

Chairman

+612 8249 4542

In United Kingdom

Richard Brown

Ambrian Partners Limited

+44 20 7634 4709

About Sylvania Resources:

Sylvania Resources Limited is a fast-growing, low-risk, high-margin PGM producer (3E+Au) with tailings retreatment operations and shallow mining exploration interests located on South Africa's PGM-rich Bushveld Complex. It is targeting 70 000oz of production a year by 2010. Its tailings retreatment business comprises a 74% interest in Sylvania Dump Operations (SDO) and a 25% interest in the Chrome Tailings Retreatment Project, the latter managed by Aquarius Platinum Limited. SDO has two plants operating at design capacity and another two plants under construction. Sylvania's near-surface mining exploration interests comprise the Everest North UG2 project with a measured resource of 5.1Mt at 4.7g/t, the Harriet's Wish/Cracouw prospect with a possible mineral resource of 0.9Moz, and an interest in ASX-listed Great Australian Resources which has the Merensky Reef platinum/nickel Mooiplaats project with an estimated 74Mt at 4.g/t. Sylvania is listed on both the ASX (SLV) and AIM (SLV).

For more information, visit: www.sylvaniaresources.com

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