19 August 2004

                           NELSON RESOURCES LIMITED
                            GRANT OF STOCK OPTIONS

Nelson Resources Limited (AIM: NLG and NLGa; TSX: NLG) (the "Company") today 
announced that it has granted a total of 11,852,000 stock options to its 
directors, officers and employees. The options are for the Company's common 
shares with a par value of USD$0.01, and were granted on 18 August 2004 at an 
exercise price of CAD$1.45.

The options that were granted to the Company's directors are as follows:

                                               Exerciseable:
Director's Name   No. of Options      From                    Until
-------------------------------------------------------------------------------
Nick Zana            1,300,000                         Later of 18 August 2009
Baltabek Kuandykov     250,000                         and 180 days after
Mirbulat Abuov       1,000,000  18 August 2004         cessation of
Askar Alshinbaev     1,000,000                         directorship/employment,
Arvind Tiku          4,000,000                         to a maximum of 10 years
-------------------------------------------------------------------------------
Robert Connon        1,000,000                         Later of 18 August 2009
Peter Luis O. Gross  1,000,000  1/3 from 18 Aug 2004;  and 180 days after
Aziz Ait-Said        1,000,000  1/3 from 18 Aug 2005;  cessation of
Gilles Thieffry      1,000,000  1/3 from 18 Aug 2006   directorship/employment,
                                                       to a maximum of 10 years
-------------------------------------------------------------------------------

For further information, please contact:

Fred Hodder, CFO                   Tel: 020 7495 8908
Nelson Resources Limited           fhodder@nelsonresources.co.uk




END



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