RNS Number:9653S
Oriel Resources PLC
23 April 2008





                                                                        AIM: ORI
                                                                        TSX: ORL
                                                                   PRESS RELEASE
                                                                  23 April, 2008


                 Oriel Resources Plc ("Oriel" or the "Company")
                              Exercise of warrants
________________________________________________________________________________


Oriel Resources plc (AIM:ORI, TSX:ORL) announces that warrants (AIM:ORIW) over
ordinary shares of 1p each in the share capital of the Company were exercised on
23 April 2008.


Details of the warrants exercised are as follows:

Number of warrants                       Exercise Price
    383,380                                  75p

Accordingly, application will be made for 383,380 ordinary shares of 1p each in
the Company, which will rank pari passu with existing ordinary shares, to be
admitted to trading on AIM. The admission is expected to occur on or about 29
April 2008. Following the exercise of these warrants the total issued capital of
the Company will be 639,723,213 ordinary shares.


ENDS
--------------------------------------------------------------------------------


For further information please contact:

Tania Tchedayeva, Assistant Company Secretary, Oriel Resources Plc
Tel: +44 (0) 20 7514 0590

Gavin Dallas, Marketing and PR, Oriel Resources Plc
Tel: +44 (0) 20 7514 0590

Ryan Gaffney, Canaccord Adams Limited
Tel: +44 (0) 20 7050 6500

Michael Padley / Michael Spriggs, Bankside Consultants
Tel: +44 (0) 20 7367 8888

Keith Schaefer, Vanguard Shareholder Solutions
Tel: + 1 604 608 0824


www.orielresources.com



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

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