Appointment to Subsidiary Board

Noventa Limited

("Noventa" or the "Company")

Appointment to Subsidiary Board

29 March 2010

The Board of Noventa is delighted to announce the appointment of Dioleciano Delio Darsamo, 38, as a Director of HAMC Limitada, the Company's wholly owned Mozambique operating subsidiary. Delio is the Engineering Manager at the Company's Marropino mine.

A Mozambican, fluent in both English and Portuguese, he graduated from the University of Swaziland in 1996. Having worked in the electrical and mechanical engineering fields since graduating, he has been directly involved in the construction, commissioning, start up and operations of two major projects in Mozambique: BHP Billiton's aluminum smelter and Kenmare Moma titanium mine. He has over 12 years experience in the mining and metals industries in Mozambique.

Commenting, Eric Kohn TD, Chairman of Noventa said: 

"Delio has already proved his value to the Company in the progressing and implementing the work to bring the Marropino mine back into production. I believe that his combination of local knowledge, practical experience and technical competence will prove to be of even greater value in the future" 

For further information please contact:

Eric F. Kohn TD

Chairman

Noventa Limited

+41 22 8500560

+41 79 5030150

www.noventa.net

Nick Harriss/Emily Staples

Religare Capital Markets (Nomad)

+44 20 7444 0800

Daniel Briggs Religare Capital Markets (Broker) +44 20 7444 0500