Appointment of Joint Broker

21 September 2010

Strategic Natural Resources (AIM: SNR) is pleased to announce that it has appointed Allenby Capital Limited as Joint Broker to the Company with immediate effect. SP Angel remains as Joint Broker to the Company.

Richard Latham, Chairman of SNR commented, "Having engaged Allenby Capital successfully as our nominated adviser for the past three years, we are delighted to also appoint them as Joint Broker to SNR. The Allenby Capital team has a wealth of experience in the broking of AIM quoted mining companies and we look forward to working alongside them and SP Angel in the future. We are confident that their fundraising expertise in the Coal sector will be highly valuable in the next stage of our development and help generate significant value for our shareholders going forward."

For further information, please contact:

Strategic Natural Resources plc
David Nel, Chief Executive Officer
+27 (0) 41 374 0842
Jeremy Metcalfe, Communications Director
+44 (0)7785 346 718

Nominated Adviser and Joint Broker - Allenby Capital Limited
Nick Naylor / Alex Price / James Reeve
+44 (0) 20 3328 5656

Joint Broker - SP Angel Corporate Finance Limited

Emin Eyi / Tercel Moore
+44 (0) 207 647 9646

FTI Consulting
Ben Brewerton / Georgia Mann 
+44 (0)207 831 3113

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