Appointment of Executive Director

NEOS Resources plc ("NEOS" or "Company")

Appointment of Executive Director

The Board of NEOS is pleased to announce the appointment of Ravi Varkey Jose (aged 32) as an Executive Director of the Company with immediate effect. Mr Jose has also been appointed Managing Director of D1 Oils Fuel Crops India Private Limited, a principal subsidiary of the Company, with immediate effect.

Mr. Ravi Jose was engaged by NEOS as a consultant in September 2011 with a mandate to assist the Board of Directors in assessing the strategic options of its Indian operations. He is a Swiss national of Indian origin and is fluent in several languages including Hindi and Malayalm. Prior to joining NEOS, he worked in Corporate Treasury at McCain Foods and Specsavers, and in various Corporate Strategy roles at SICPA and Siegwerk. He is a Chartered Financial Analyst (CFA) charter holder.

Mr Jose is a director of R.V. Jose SA.

There is no further information that is required to be disclosed in relation to Mr Jose pursuant to Schedule 2 (g) of the AIM Rules for Companies.

Commenting on the appointments, Steven Rudofsky, Chairman of NEOS, stated:

"We are delighted that Ravi has agreed to join our board of directors and are confident that he will make a significant contribution to the future of NEOS."

Enquiries:

NEOS Resources plc

Steven Rudofsky +44 (0) 20 7499 5626

WH Ireland

Chris Fielding +44 (0) 20 7220 1666