Result of AGM and Director Resignations

For Immediate Release 26 July 2012

Stellar Resources plc

(the "Company")

Result of Annual General Meeting and Director Resignations

The Board of the Company announces that, at the Annual General Meeting of the Company held earlier today, save for resolutions 3 and 4 which were withdrawn prior to the main business of the Meeting, all resolutions were duly passed.

Mr Wood and Mr Moore both resigned from the Board prior to the meeting with immediate effect.

The Board would like to thank Charlie Wood and Lincoln Moore for their contributions over the last 6 months.

**ENDS**