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Stock Exchange Announcement

Date:  7 May 2009

On behalf of: Target Resources plc 

Target Resources plc ('Target' or the 'Company')

Directorate Change

Target Resources plc (AIM: TGT), the alluvial diamond and gold mining company operating in Sierra Leone, announces that Mr Paul Samson, Non-executive Director, today resigned from the Board of the Company with immediate effect in order to focus on his other business interests.

- ENDS -

Enquiries:

Target Resources plc                        020 7258 2300

Dr Nissim Levy, Managing Director  www.target-resources.co.uk

Nominated Adviser and Broker

Arbuthnot Securities                         020 7012 2000

John Prior

Ed Burbidge

About Target

• Target is an alluvial diamond mining and exploration company operating in Sierra Leone.

• Target is among the first large scale mining ventures to be established in Sierra Leone since the end of the civil war in 2002.

• The Company has 4,263 acres (17.25 Sq km) under mining leases in the rich diamond and gold area of Kono, which is recognised as the most productive area for diamond mining in Sierra Leone.

• The Company has Exclusive Prospecting Licences for Gold, covering 520 sq km in the Alluvial Gold area in the Tonkolili district and for Diamonds, covering 254 sq km in Kenema District, known for its 'fancy' diamonds.

Target Resources Plc 

16th Floor, Marble Arch Tower, 55 Bryanston Street London, W1H 7AA 

Tel +44 (0)20 7258 2300, Fax +44 (0)20 7258 2321 

Email: info@target-resources.co.uk

Web: www.target-resources.co.uk

Registered in England and Wales, Company No 5566717

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