This announcement replaces the previous RNS announcement released at 09:16 on 11 July 2008 under reference 8663Y, which incorrectly stated the resultant number of ordinary shares in issue as 119,175,496. The correct figure should be 122,525,583. The full corrected text of the announcement appears below.

Stock Exchange Announcement

Date:   11th July 2008

On behalf of: Target Resources plc 

For immediate release

Target Resources plc 

('Target' or the 'Company')

Additional Listing 

Target Resources plc (AIM:TGT), the alluvial diamond and gold mining company operating in Sierra Leone, announces that application has been made for the admission to trading on AIM ('Admission') of 800,000 new ordinary shares of 1p each in the Company ('Ordinary Shares'), pursuant to the exercise on 10 July 2008 of options, all at 1p per Ordinary Share, including two Directors as set out below:

The new Ordinary Shares rank pari passu with the Company's existing issued ordinary shares, and dealings are expected to commence on 17 July 2008. 

Following Admission, the Company's enlarged issued share capital will comprise 122,525,583 ordinary shares with voting rights. The Company does not hold any shares in treasury. This figure of 122,525,583 ordinary shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.

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