Change of Broker

22 March 2010

LP Hill Plc

("LP Hill" or the "Company")

Directorate Changes, Change of Broker,

Change of Company Secretary and Change of Registered Office

LP Hill (AIM: LPH) is pleased to announce the appointments of Mr James Slade and Dr Bernard Olivier as Non-Executive Directors of the Company with immediate effect. Mr Nigel Weller has resigned from the Board with immediate effect, to pursue other interests.

The Company is also pleased to announce the appointment of Ocean Equities Limited ("Ocean") as sole Broker to the Company with immediate effect. Strand Hanson Limited continues to act as Nominated Adviser to the Company.

James Slade has over 25 years experience in stock broking, investment banking and private equity in London, Hong Kong, the Philippines and New Zealand. He was a founding shareholder of Aquarius Platinum plc and served on its board between 1997 and 2004.

Bernard Olivier received his PhD in Economic Geology from the University of Stellenbosch, South Africa in 2006. He has been working as a geologist since 1998 and has worked throughout various African and Asian countries, among them Tanzania, South Africa, Zambia, Burundi, Malawi, Namibia, Cambodia, Lao PDR and the Philippines. He has worked on various exploration and development projects as well as active mining operations on a variety of commodities including, gold, gemstones, uranium, diamonds, PGEs, base metals and coal. He is a Member of the Australasian Institute of Mining and Metallurgy and is currently a director of Tanzanite One Limited (listed on AIM) and Bezant Resources Plc (listed on AIM).

LP Hill further announces the appointment of Lawnswood Nominees (Holdings) Limited as Company Secretary in place of International Registrars Limited with immediate effect and a change to the registered office of the Company, also with immediate effect, to:

30 Portland Place London W1B 1LZ

Gerry Nealon, Executive Chairman, commented:

"I am delighted to welcome James and Bernard as Non-Executive Directors of LP Hill and also Ocean as sole Broker to the Company. James has significant experience in building businesses and creating shareholder value and Bernard has a wealth of technical experience in the mining industry. In conjunction with the analytical and broking expertise of Ocean, this corporate and technical strengthening of the Board should assist the Company in achieving its objective of creating long term shareholder value through the discovery, analysis and exploitation of uranium, thorium and other mineral exploration projects, including precious and base metals such as platinum group metals, gold, copper and zinc. I would also like to thank Nigel for his outstanding contribution in relation to the initial restructuring of the Company and wish him well for the future."

Enquiries:

Additional information on the new director appointments:

James Hamilton Slade, aged 51, is currently a director of the following companies:

Asian Outsource and Design Group Capital Limited

Octtane (Pte) Limited

In the last five years he has been a director of the following companies:

Pure Power Global Whitebridge Capital Partners LLP

Bernard Olivier, aged 34, is currently a director of the following companies:

Tanzanite One Limited

Bezant Resources Plc

Kirkwood Resources Limited

In the last five years he has been a director of the following companies:

Great Australian Resources Limited

There is no other information that is required to be disclosed under paragraph (g) of Schedule Two to the AIM Rules for Companies of the London Stock Exchange.