Change of Adviser/Board Appointments

11 January 2012

Nova Resources Limited

("the Company")

Change of Adviser

Board Appointments

Change of Adviser

The Board of Nova (NOVA.L), the AIM-quoted investing company, is pleased to announce that it has appointed Daniel Stewart & Company Plc as the Company's Nominated Adviser and Broker with immediate effect.

Board Appointments

Pursuant to notifications made on 4 and 5 January 2012, the Company is delighted to announce the appointment of Mr Charles Alexander Green as a Non Executive Director and Chairman of the Company replacing Mr Chan Fook Meng in the latter role.

In addition, the Company announces the appointment of Mr Nazim Khan as a Non Executive Director of the Company. Both appointments are effective immediately.

Charles (aged 58) has significant experience in corporate transactions and was responsible for the stock market flotation of Sheffield United Football Club in 1997. He has held a number of directorial positions including Chief Executive Officer of Source BioScience Plc.

Charles held the position of Business Development Director at Texas Gardner Group Plc ("Texas") which was floated on the Official List in November 1995 where he orchestrated the purchase by Texas of a controlling stake in the holding company. He is currently on the board of Formation Group Plc.

Nazim (aged 48), a solicitor, was called to the Bar in 1990 and subsequently to the Singapore Bar in 1992. He has worked as a commercial attorney for several law firms in Singapore before moving into corporate finance, restructuring and mergers and acquisitions.

Nazim has also been active in energy and resource based work in emerging markets. He is currently on the board of Tricor Plc.

Commenting on the changes, Mr Chan Fook Meng, Chief Executive Officer said:

"The Board is delighted to welcome both Charles and Nazim to the Company. They have both excelled in their areas of expertise and their extensive working knowledge bolsters the strength of the Board. The combined experience of the new team of Directors will be key assets of the Company's next stage of expansion and we look forward to the support they will bring."

Save as set out below there are no further details in relation to the above appointments, which require disclosure under paragraph (g) of Schedule Two to the AIM Rules:

Mr Charles Alexander Green

Current Directorships:

Formation Group Plc

Past Directorships:

HFG Limited (Dissolved)

Quinoderm Limited

Medical Solutions London Limited

Kinetic Imaging Limited

Medical Solutions (Leeds) Limited

Histological Solutions Ltd

Our Enterprise Haslar Limited

Azure International Limited

Charles Green is not currently beneficially interested in the issued share capital of the Company.

Mr Nazim Khan

Current Directorships:

Tricor Plc

Unilegal LLC

Past Directorships:

None

Nazim Khan is not currently beneficially interested in the issued share capital of the Company.

For further information:

Note to Editor:

The Company was incorporated in Bermuda on 21 March 2007. It recently changed its investing policy to focus on building up businesses, or alternatively identifying and acquiring quoted and unquoted businesses, that are involved in providing services and facilities to support, assist and serve the natural resources industries, in particular exploration, mining and extraction of resources.