Notice of Intention to Propose Directors

 
TIDMNPM 
 
27 January 2009 
 
                        NEPTUNE MINERALS PLC 
 
              Notice of Intention to Propose Directors 
 
Neptune Minerals plc ("the Company")  (AIM: NPM) advises that it  has 
received notices,  in  accordance  with  the  Company's  Articles  of 
Association, from Clachan Nominees Limited A/C Holdings and New Smith 
Opportunities Private  Equity Fund  LP on  22 January  2009 of  their 
intention to propose  resolutions at the  forthcoming Annual  General 
Meeting ("AGM") to be held at 11am on 30 January 2009 to appoint  the 
following as directors of the Company. 
 
 
  * Christopher John Rowe and Douglas Harry Winton (nominated by 
    Clachan Nominees Limited A/C Holdings); and 
  * Peter Adrian Vanderspuy and Sadiq Currimbhoy (nominated by 
    Newsmith Opportunities Private Equity Fund LP). 
 
 
Any shareholder  who has  appointed a  proxy should  note that  their 
proxy will be entitled to vote as  he or she thinks fit on the  above 
resolutions, if  they are  proposed.   Shareholders may  terminate  a 
proxy's appointment or, if they  have appointed the Chairman,  direct 
how the Chairman should vote on these resolutions, if they are put to 
the meeting, by sending  notice by hand or  post to Share  Registrars 
Limited, Suite E, First Floor, 9 Lion and Lamb Yard, Farnham,  Surrey 
GU9 7LL or by fax to +44  (0) 1252 719 232.  To be effective,  notice 
must be received by Share Registrars Limited at the above address  or 
to the above fax number prior to 4.30pm on 29 January 2009. 
 
For more information please contact: 
 
 
Simon McDonald (Neptune MD and CEO):          T: [phone] 
By email to the Company                       [e-mail] 
 
Fiona Owen (Grant Thornton UK LLP, Nomad):    T: [phone] 
 
Rozanne Ichikowitz (Grant Thornton, Sydney):  T: [phone] 
 
Daniel   Fox-Davies   (Fox   Davies   Capital T: [phone] 
Limited, Broker): 
 
Nadja Vetter/Sofia Rehman/Matthew Law (Cardew T: [phone] 
Group, PR):                                   T: [phone] 
 
=--END OF MESSAGE--- 
 
 
 
 
This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.