RNS Number:5998S
Oriel Resources PLC
13 October 2005

13 October 2005



                 Oriel Resources PLC ("Oriel" or the "Company")

                              Exercise of Options



Oriel Resources PLC (AIM:ORI, TSX:ORL) announces today that options over
ordinary shares of 1p each in the capital of the Company under the Company's
share option scheme have been exercised.



Details of the options exercised are as follows:


Number of options                                    Exercise Price
1,000,000                                            15p



Accordingly, application will be made for 1,000,000 ordinary shares of 1p in the
Company, which will rank pari passu with existing ordinary shares, to be
admitted to trading on AIM. The admission is expected to occur on or about 18
October 2005.



                                    - Ends -



Enquiries:

Oriel Resources Plc

David Swan 020 7514 0590




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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