Directorate Change

21 December 2011

Woodburne Square AG plc

(AIM: WSG)

APPOINTMENT OF A NEW NON EXECUTIVE DIRECTOR

The Board of Woodburne Square AG (the 'Company'), the silver and precious metals focused investment company, today announces that Jeffrey Marvin has been appointed as Non-Executive Director of the Company with immediate effect.

As part of these board changes, Nick Hall has stepped down as Non-Executive Director.

Gobind Sahney, Chairman of Woodburne Square AG commented:

'We are delighted to welcome Jeffrey Marvin to the Board. Jeff has a proven track record with early stage minerals companies and will provide an invaluable insight in to identifying specific opportunities across the globe in the natural resource sector. We believe that the Company will benefit from Mr. Marvin's wide network of contacts and we are extremely excited about the year ahead.'

Mr Jeffrey Royce Marvin (49) has worked with corporate managements and investors in bringing international minerals companies to public markets. Mr. Marvin specializes in early stage mineral company investment, corporate management and business restructuring. Mr. Marvin is currently involved in minerals projects in Zambia, South Africa, Zimbabwe, Mozambique and Western Europe focusing on coal, manganese, copper, chrome and precious metals.

Additional disclosures pursuant to Schedule 2 (g) of the AIM Rules:

Current directorships:

Global Gold Corporation

Marvin Investments Australia PTY Ltd

Past directorships:

CBM Resources PTY Ltd

Ignite Energy Resources

There is no other information that is required to be disclosed with regards to the appointment of Jeffrey Marvin pursuant to Schedule 2 paragraph (g) of the AIM Rules.

Enquiries:

Woodburne Square AG plc

Martin Kiersnowski +44 (0) 207 562 3350

Libertas Capital Corporate Finance Limited

Sandy Jamieson +44 (0) 20 569 9650