Directorate Change

Sierra Rutile Limited

Board Changes

London, UK, 18 November 2014: The Board of Sierra Rutile Limited (AIM: SRX) ("Sierra Rutile") is pleased to announce the appointment of Stephen Gill as a Non-Executive Director with effect from today. The Board also announces that Martyn Buttenshaw has stepped down as a Non-Executive Director.

Commenting on the changes, Michael Barton, Chairman of Sierra Rutile, said: "On behalf of the Board, I would like to thank Martyn for the experience and insights he has brought to the Board, and we wish him well for the future. We are pleased to welcome Stephen to the Board, and look forward to his experience and valuable perspective as we continue to realise the full potential of Sierra Rutile's world-class asset".

Mr. Gill, aged 35, is a Vice President at Pala Investments, a substantial shareholder of Sierra Rutile and investment company dedicated to investing in the mining sector. He has been involved in many of Pala's largest investments and has substantial experience working with mining companies on strategic development, mergers and acquisitions, and operational improvements. Prior to joining Pala, Mr. Gill was a senior consultant with AMEC advising on transactions in the natural resources sector. He holds an MBA from IE Business School, an MSC from University of North Carolina and a BSc from the University of Wales. Mr. Gill is currently a director of Asian Mineral Resources (TSX-V: ASN).

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About Sierra Rutile Limited

Sierra Rutile produces titanium feedstock industrial minerals (primarily rutile, with some associated ilmenite), as well as smaller quantities of zircon. Sierra Rutile's mine, located in the south west of Sierra Leone, is one of the largest natural rutile deposits in the world, with a JORC-Compliant Mineral Resource for measured, indicated and inferred resources for the Sierra Rutile mine of over 910 million tonnes (as at 30 September 2013).

www.sierra-rutile.com