NEURIZER LTD — Board/Management Information 2008

Aug 26, 2008

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ASX and Media Release

27 August 2008 ASX: MTN

Marathon Resources announces Board Change

Marathon Resources Limited (ASX: “MTN”) advises that Mr Denis Wood has retired as a Director.

Mr Wood, Director of Resources at one of Marathon’s major shareholders, Talbot Group Holdings, was on the Board as a Talbot representative.

Dr John G (Shad) Linley, who was appointed to the Marathon Board in June this year, has recently joined Talbot Group Holdings as a Senior Executive and he will now represent that Group on the Marathon Board.

Mr Wood said today that his time on the Board of Marathon has been both rewarding and challenging.

“The company has faced some significant hurdles of recent times and I am pleased with the way Marathon has responded to these issues. I remain a strong supporter of Marathon and continue to view the company as one with great potential,” he said.

Marathon’s Chairman, Mr Peter Williams, said Mr Wood’s dedication to Marathon’s development since 2006 had been tremendous and his contribution to and experience with environmental and regulatory processes had been immeasurable.

Talbot Group Holdings remains a major shareholder of Marathon Resources.

Media Contacts:

Belinda Hill Sean Whittington Marathon Resources Field Public Relations 0439 795 521 (08) 8234 9555 0412 591 520

Notes to Editor

Marathon is a minerals exploration company focused on the development of Mt Gee, one of Australia's largest undeveloped uranium deposits.

The Mt Gee project is located within the Paralana Mineral System of South Australia, a uraniumrich state which is home to the world's largest uranium deposit at Olympic Dam.

Marathon's portfolio also includes highly prospective copper-gold-uranium properties in the Gawler Craton of South Australia.

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The Company has gold and copper-gold projects in other parts of South Australia and western Victoria, including first class copper-gold and base metal (silver-lead-zinc) projects in the Adelaide Geosyncline in South Australia and a prospective copper-gold project in the Moyston Fault Zone in Victoria.

Marathon also has a joint venture with listed uranium explorer UraniumSA Ltd (ASX: USA), in which the company holds a 7% stake; and with Primary Resources Ltd (ASX: PRZ) in the Warburton Project in Western Australia.

Marathon listed on the Australian Securities Exchange on 15 March 2005, under the stock code of MTN.

www.marathonresources.com.au