Gareth Penny remains Executive Chairman of NWR Plc

Amsterdam / London, 21 January 2016

Gareth Penny remains Executive Chairman of NWR Plc

New World Resources Plc ('NWR Plc') and it subsidiary New World Resources N.V. ('NWR NV') note reports in the media relating to the resignation of Gareth Penny as chairman of NWR.

NWR Plc and NWR NV wish to clarify that Gareth Penny resigned as a member from board of NWR NV. Gareth Penny remains in his role as executive Chairman of NWR Plc.

- End -

Investor and Media Contact:

Radek Nemecek

Tel: +420 727 982 885

[email protected]

Website: www.newworldresources.eu