RNS Number:8121U
Gippsland Limited
13 April 2007

2007-04-13

Gippsland Limited ("Gippsland" or the "Company")

Appointment of Tantalum Egypt JSC Directors

Gippsland Limited today announces that His Excellency Eng Sameh Fahmy, The
Minister of the Egyptian Ministry of Petroleum and Mineral Resources has
nominated two Egyptian Directors to the board of Tantalum Egypt JSC, the
Egyptian registered joint venture company which owns Mining Licences for the 40
million tonne Abu Dabbab and the 98 million tonne Nuweibi tantalum deposits. The
appointments took effect on 10 April 2007.

The gentlemen concerned, Mr Fekry Mohamed Youssef and Mr Hammed Abu Al Fotooh,
have both been closely involved in the development of the Egyptian petroleum and
mining sectors, particularly with respect to attracting foreign investment to
Egypt.

Gippsland Executive Chairman stated "We are particularly pleased that HE Eng
Sameh Fahmy has nominated such highly respected and experienced professionals to
the Tantalum Egypt board. The Gippsland team looks forward to working with Mr
Fekry and Mr Hammed in bringing the Abu Dabbab project to fruition as a major
tantalum producer."

Gippsland is represented on the 4-member Tantalum Egypt board by Dr John M
Chisholm and Mr Robert John Telford (Executive Chairman).

The 40 million tonne Abu Dabbab project is scheduled to commence production
during the first quarter of 2009. Based upon an initial mill-feed rate of 2Mtpa,
the project is scheduled to produce 650,000 pounds of tantalum pentoxide (Ta2O5)
and 1,530 tonnes of LME grade tin metal per year. The Abu Dabbab and Nuweibi
deposits have a combined in-situ content of approximately 53 million pounds of
Ta2O5 and 35,000 tonnes of tin metal.

RJ (Jack) Telford
Executive Chairman

For further information please contact:

Jack Telford
Gippsland Limited
www.gippslandltd.com
Tel: +61 (0)8 9340 6000
jtelford@gippslandltd.com

Les Polden / Luke Cairns
Hoodless Brennan Plc
Tel: +44 (0)20 7538 1166
L.Polden@HBcorporate.com
L.Cairns@HBcorporate.com

Laurence Read / Ed Portman
Conduit PR
Tel: +44 (0)20 7429 6605 / 6607
Laurence@conduitpr.com
Ed@conduitpr.com

Fiona Owen
Grant Thornton Corporate Finance
Tel: +44 (0)20 7383 5100
Fiona.Owen@gtuk.com



                      This information is provided by RNS
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