Rose Petroleum plc

Non-Executive Director Resignation


VANE announces that it has today accepted the resignation of its Non-Executive Chairman, Michael Spriggs, who leaves the board with immediate effect. Michael is leaving the Company for personal reasons and intends now to spend more time with his family in France.

VANE is actively seeking a replacement who will fit well with its expansion into the North American markets and believes this gives the Company an opportunity to strengthen the board with this in mind.

Matthew Idiens, Director of Corporate Development, commented "The board would like to thank Michael for his contribution to VANE since its listing in June 2004, where he has helped to successfully guide the Company to the stage where its strategic goals are now taking it into a number of different areas. Michael believes that the board has the skills to embrace these new challenges, particularly with key developments in North America."


VANE Minerals Plc

Matthew Idiens

+44 (0) 20 7667 6322

Ambrian Partners Limited

Richard Brown

+44 (0) 20 7776 6417

Parkgreen Communications

Laura Llewelyn / Beth Harris

+44 (0) 20 7851 7480