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NEURIZER LTD Board/Management Information 2009

Jun 9, 2009

65442_rns_2009-06-09_2672eb80-9cbc-4956-968a-8c8a40da0fd1.pdf

Board/Management Information

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Wednesday, 10 June 2009

MARATHON RESOURCES APPOINTS NEW CHIEF EXECUTIVE OFFICER

Marathon Resources (ASX: “MTN”) today announced the appointment of Dr John G. (Shad) Linley as its Chief Executive Officer, effective immediately.

He is the former Chief Executive Officer of Sun Metals Corporation, where he was responsible for the concept, development and operation of that company’s world class zinc refinery at Townsville, Queensland.

Dr. Linley was also in charge of Fluor Australia’s initial involvement in the Olympic Dam project in South Austraila. Fluor Australia is a subsidiary of Fluor Corporation, one of the world’s leading publicly owned engineering, procurement, construction, maintenance, and project management companies.

A Geologist by qualification Dr Linley gained a PhD from the University of Adelaide.

Dr Linley joined the Board of Marathon as Non-Executive Director on 30 June 2008 and will remain on the Board in his new role.

Marathon Chairman, Mr Peter Williams said: “I am delighted Dr Linley has been appointed our CEO.

“His extensive corporate and resources industry expertise, coupled with his enthusiasm, will drive the development of our company during the next stages of its development.”

For further information contact:

Belinda Hill or Kelly Jacobs Marathon Resources (08) 8348 3500

Sean Whittington Field Public Relations (08) 8234 9555

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Notes to Editor

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

The project area is located within the Paralana Mineral System of South Australia, a uranium-rich 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.

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 Strzelecki Metals Ltd (ASX: STZ) 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