RNS Number:2185D
Oriel Resources PLC
22 September 2004

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

                              Exercise of Options

The Company announces today that options over ordinary shares of 1p each in the
capital of the Company under the Company's share option scheme have been
exercised.


Details of the options exercised are as follows:

Number of options                       Exercise Price
66,667                                  15p


Accordingly, application will be made for 66,667 ordinary shares of 1p in the
Company, which will rank pari passu with existing ordinary shares, to be
admitted to trading on the Alternative Investment Market. Admission will become
effective and dealings are expected to commence at 8.00am on 28/09/2004.


Enquiries:

Oriel Resources Plc

David Swan 020 7514 0590



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