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PTR MINERALS LTD Board/Management Information 2008

Aug 25, 2008

65621_rns_2008-08-25_b2a9fbff-b076-4cd0-8665-83b2d1d1ecef.pdf

Board/Management Information

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Petratherm Ltd

105-106 Greenhill Road, Unley, SA 5061 Tel: +61 8 8274 5000 Fax: +61 8 8272 8141 Website www.petratherm.com.au Email [email protected] A.C.N. 106 806 884 A.B.N. 17 106 806 884

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26 August 2008

Mr J Nelson Manager, Issuers (Adelaide) ASX Limited Level 1 89 King William Street ADELAIDE SA 5000

Dear Justin,

Resignation of Dr Lloyd Taylor

Petratherm Ltd non-executive director, Dr Lloyd Taylor has notified the board of Directors of his intention to retire from his duties as a director of the Company effective 31 August 2008.

He has informed the board that his ongoing personal commitments mean that he will be unable to devote the required time and diligence to the Company.

Petratherm’s Chairman, Mr. Derek Carter, thanked Dr Taylor for his considerable contribution as a source of both strategic and operational experience from which the Company has greatly benefitted over the past four years.

The Company will continue to review the composition of the board taking into consideration the experience and skill required to complement the Company’s current and future operations.

Yours sincerely,

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DONALD STEPHENS COMPANY SECRETARY