Directorate Change

For immediate release

15 September 2011

URU Metals Limited

("URU Metals", "URU" or "the Company", formerly Niger Uranium Limited)

Directorate change

Death of Gordon Cassidy, Finance Director

URU Metals announces the death of Gordon Cassidy on 14 September 2011. Gordon was finance director of the Company.

Paul Loudon, Chairman of URU Metals said:

The Board is deeply saddened by the news and our thoughts are with Gordon's family at this time. Since joining the Board of URU Metals in 2008, Gordon made a substantial contribution to the development of the Company and will be missed by the URU Metals team.

Russel Swarts has been appointed as interim chief financial officer.

For further information:

URU Metals

Chairman

Tel: +27 (0)11 269 4900

Beaumont Cornish Limited (Nominated Adviser)

Michael Cornish

Tel: +44 (0)20 7628 3396