RNS Number:8928O
Oriel Resources PLC
27 February 2008





                                                                        AIM: ORI
                                                                        TSX: ORL
                                                                   PRESS RELEASE
                                                               27 February, 2008


                 Oriel Resources Plc ("Oriel" or the "Company")

                              Exercise of Options
________________________________________________________________________________


Oriel Resources plc (AIM:ORI, TSX:ORL) announces that options over ordinary
shares of 1p each in the share capital of the Company under the Company's share
option scheme were exercised on 27 February 2008.


Details of the options exercised are as follows:


Number of options                    Exercise Price

  33,333                                30.5p
  16,667                                52p

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 4
March 2008. Following the exercise of these options the total issued capital of
the Company will be 636,761,820 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

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

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

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

www.orielresources.com




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

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