Directorate Change

24 September 2013

Creon Resources Plc

("Creon" or the "Company")

Directorate Change

Creon (AIM: CRO), the resource and resource infrastructure and asset focussed investment company, is pleased to announce that Philippe Petitpierre is appointed to the board as Non-Executive Director with immediate effect.

Mr Petitpierre aged 65, is a Swiss national who holds two Masters Degrees in Environmental Sciences and Energy from the EPFL (Lausanne Institute of Technology). He represents Switzerland on the Board of IGU (International Gas Union) and is a member of the board of directors of EUROGAS in Brussels. Mr Petitpierre is vice-chairman of the SWISSGAS Company and of the Swiss Gas Industry Association. He is also active in the regional economy, chairing two Banks and the Economic Development Council of Canton de Vaud.

Commenting on the appointment, Glen Lau, Chief Executive Officer said:

"We are delighted to welcome Philippe to the Board of Creon. He brings with him a wealth of experience and expertise in the energy sectors and will be a great asset to the Company. We very much look forward to working with him".

Further information concerning Mr Petitpierre

Current Directorships:

Agena SA

Brauchli SA

Caisse d'Epargne Riviera, société coopérative

Compagnie Industrielle et Commerciale du Gaz SA

Cosvegaz SA

DEV (Développement Economique Canton de Vaud)

Ecorecyclage SA

EUROGAS - European Union of the Natural Gas Industry

Fingaz SA Financière Internationale du Gaz

Fondation de la Confrérie des Vignerons de Vevey

Fondation de la CroixRouge, Service Régional Vaudois de Transfusion Sanguine CRS

Fonds de prévoyance de la Caisse d'Epargne Riviera, société cooperative

Fonds de prévoyance de la Compagnie Industrielle et Commerciale du Gaz SA Vevey

Gaznat SA Société pour l'Approvisionnement et le Transport du Gaz Naturel en Suisse Romande

Genossenschaft VSG ASIG (Société Coopérative VSG ASIG)

Helips Holding SA

Helips SA

Holdigaz Immobilier SA

Holdigaz Management SA

Holdigaz SA

Holdigaz Services SA

Holdigaz Trading SA

Innotex SA

International Gas Union

Joseph Diémand SA

Mosses - La Lécherette SA

Novogaz SA

Organisation Silvio Giobellina Gestion SA

Organisation Silvio Giobellina OSG SA

Palexpo SA

Petrosvibri SA

Riviera Finance SA

Roos Ventilation SA

S.I. Logements Modernes SA

Société du Gaz de la Plaine du Rhône SA

Soleil Energie SA

Swissgas, Société Anonyme Suisse pour le Gaz Naturel (Swissgas, Società Anonima Svizzera per il Gas Naturale) (Swissgas, Swiss Company for Natural Gas Limited)

Taxa SA

Télé Leysin - Col des

Past Directorships:

Dompé International SA

Germanier SA (placed into administration 2011)

Inventum Management AG

Swissgas-Stockage Société Anonyme

Transitgas SA

Unigaz SA Union Interrégionale pour le transport du gaz naturel (Unigas AG Interregionale Erdgas Transportgesellschaft)

Philippe Petitpierre is not currently beneficially interested in the issued share capital of the Company.

There is no further information required relating to Philippe Petitpierre to be disclosed under paragraph (g) of Schedule 2 of the AIM Rules.

- Ends -

For further information please contact:

About Creon Resources Plc

Creon Resources Plc is an investment company whose policy is to invest principally, but not exclusively, in the resources and resources infrastructure and asset sectors. Creon has a deep and broad global network and wide contact base in these sectors, including in East and South East Asia and the Middle East which it leverages to source and make investments. These sectors exhibit high growth and are strategically important. Creon is a proactive investor which assists its investee companies to grow by providing investment, expertise and contacts.