RNS Number:1530R
Gold Mines Of Sardinia PLC
22 October 2003


Gold Mines of Sardinia plc ("GMS" or the "Company")


Appointment of Directors to the Board of GMS





The Board of GMS is pleased to announce the appointments of Serafino Iacono (age
43) and Jose Francisco Arata (age 45) as directors of the Company, with
immediate effect. Mr Iacono and Mr Arata are joining the Company following the
announcement of GMS's proposed business combination with Full Riches Investment
Ltd. Messrs Iacono and Arata bring a wealth of mining industry expertise and
Italian regulatory and political experience to the Board of GMS.


Mr Iacono is CEO and Mr Arata is an executive director of Bolivar Gold, a
Canadian listed company with which GMS has recently signed a joint venture.


Over the last five years, Mr Iacono has also held directorship positions at
Bolivar Goldfields Limited and Gran Colombia Resources Inc. He resigned from
Bolivar Goldfields in October 2001 and from Gran Colombia in October 2000 as a
result of a change in business in each of these two companies.


Over the last five years, Mr Arata has also held directorship positions at Gran
Colombia, from which he resigned in October 2000, and Chivor Emerald
Corporation, from which he resigned in May 1998.


There are no further disclosures to be made under Schedule 2, paragraph (f)(iii)
to (viii) of the AIM Rules.



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

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