Review of assets and funding

AIM: TPJ

Triple Plate Junction plc

NEW BOARD ANNOUNCES REVIEW OF ASSETS AND FUNDING

On 1st June 2010 Triple Plate Junction plc ("TPJ" or "the Company") announced the appointment of Patrick Gorman and Tony Shearer to its Board as Non-Executive Directors. The Board now comprises Bill Howell (Exploration Director and Interim CEO), Patrick Gorman and Tony Shearer.

The restructured Board will now undertake a review of the Company to include its financial position, future commitments, the status of its joint ventures with Barrick Gold Corporation and Newmont Ventures Limited, and its own exploration projects.

From this the Board will ascertain the Company's prospects and future cash requirements to enable it to fund its gold exploration work and create value to shareholders.

The new Board expects this assessment will take approximately six weeks, after which it will announce its findings and plans, and recommendations to all shareholders and to the AIM market.

For more information please contact:

Triple Plate Junction PLC

Patrick Gorman Tel: +44 1603-502-158

Tony Shearer Tel: +44 20 7602 1570

Bill Howell Tel: + 84-8-3931-8559

Arbuthnot Securities

Nick Tulloch, Richard Johnson Tel: +44 (0) 20 7012 2000

Triple Plate Junction plc is a gold and mineral exploration company, listed on the Alternative Investment Market, andfocused on Papua New Guinea, Vietnam and the South East Asian region

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