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ADMIRALTY RESOURCES NL. Board/Management Information 2011

Mar 29, 2011

64309_rns_2011-03-29_950fcb51-7266-49d4-98ff-0449f74b0910.pdf

Board/Management Information

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Admiralty Resources NL ACN 010 195 972

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GPO Box 517, Melbourne 3001 Level 16, 379 Collins Street, Melbourne [t] +61 3 9620 7144 [f] +61 3 8677 6949

www.ady.com.au

NEWS RELEASE

Release Time IMMEDIATE Date 30 March 2011

REMUNERATION OF MANAGING DIRECTOR

Pursuant to ASX Listing Rule 3.1 and ASX update 03/03, Admiralty Resources NL (“The Company” or “Admiralty”) advises the market that Stephen Prior has been appointed to the position of Managing Director on the following key terms and conditions:

Remuneration: Salary of $275,000 per annum plus 9% superannuation. Company’s right to terminate: 12 months written notice. Managing Director’s right to terminate: 3 months written notice.

Yours sincerely,

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Patrick Rossi

Company Secretary

Further information on Admiralty Resources NL can be found on our Internet site: www.ady.com.au Australia Investor Relations Tel: +61 3 9620 7144 Email: [email protected]