Directorate Change

RNS Number : 4146B

Rare Earth Minerals PLC

16 April 2012

Rare Earth Minerals PLC

("Rare Earth Minerals" or the "Company")

Appointment of Non-Executive Director

Rare Earth Minerals, the AIM listed rare minerals exploration and mining company, is pleased to announce the appointment of Charlie Ainslie Wood as a Non-Executive Director to the Company with immediate effect.

Mr Wood is currently an Executive Director at AIM quoted Ortac Resources Ltd & CSS Stellar Plc. He is also a Founder and Director of Ragnar Capital Limited and was General Corporate Manager of Equatorial Palm Oil Plc prior to its listing on AIM in March 2010. He is also a Director at PLUS listed Morano Resources Limited and Everest Energy Limited. He holds a Bachelor of Commerce Degree from the University of Tasmania.

Charles Wood, aged 37 is a director of the following companies:

Ortac Resources Plc

Ortac Resources Ltd

CSS Stellar Plc

Ragnar Capital Ltd

Commodities Finance Ltd

Paranaiba Minerals Ltd

Everest Energy Ltd

Morano Resources Ltd

Leintwardine Pty Ltd

Woodell Investments Pty Ltd

Charles Wood has also held the following directorships within the last 5 years:

Equatorial Biofuels Inc.

Liberia Forest Products Inc.

White Sea Nickel plc

Liberia Agricultural Development Corp.

Templar Georgia Ltd

Wood Financial Group Pty Ltd

African Speciality Minerals Ltd

Shellbright Ltd

There is no other further information that is required to be disclosed with regards to the above mentioned appointment pursuant to Schedule 2 paragraph (g) of the AIM Rules.

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