PTR MINERALS LTD — Board/Management Information 2010

Mar 24, 2010

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PETRATHERM LIMITED ABN 17 106 806 884

Petratherm Directors’ awards & appointments

Dr Hillis new CEO of deep drilling CRC

Petratherm board member Dr Richard Hillis is Chief Executive Officer of the new $105 million Cooperative Research Centre (CRC) for minerals exploration that will draw on the nation’s preeminent research talent to significantly boost the mining industry and the economy.

The job entails overseeing extensive research into improving drilling, logging and geological targeting techniques to enable companies to drill cheaper, faster, more safely and more successfully for mineral deposits.

The CRC will be headquartered in Adelaide and is supported by $1M cash and considerable in-kind technical support from the Department of Primary Industries and Resources of South Australia. The CRC also plans to develop Australia’s first national drilling training and testing facility in South Australia.

Derek Carter Wins President’s Award

25 March 2010

Petratherm Chairman Derek Carter has received the President’s Award in the annual Australasian Institute of Mining and Metallurgy awards for 2009. The prestigious annual AusIMM Awards began in 1935 to recognise excellence by professionals in the minerals sector.

ASX Code: PTR

ABN 17 106 806 884

Level 1,129 Greenhill Road Unley SA 5061

T: +61 8 8274 5000 F: +61 8 8272 8141 W: www.petratherm.com.au/ E: admin@petratherm.com.au

The President’s Award is presented for notable achievement in the industry. Mr Carter was recognized for taking a leading role in demonstrating the exceptional prospectivity of South Australia through his formation of the Minotaur group of companies.

He was also recognized for championing the causes of greenfields exploration and the value of the work of junior explorers; he currently chairs the Federal Government’s Minerals Exploration Advisory Group and is involved in various industry bodies in South Australia.

Terry Kallis appointed to Centre of Energy Technology Board

Petratherm Managing Director Terry Kallis has been appointed to the Centre for Energy Technology Advisory Board at Adelaide University, chaired by former South Australian Premier John Olsen.

The CET has been established within the University of Adelaide’s Environment Institute and the Institute for Mineral and Energy Resources (IMER) to address the issue of greenhouse gas mitigation.

Under the Directorship of Professor Gus Nathan, the Centre aims to support Australia’s transition from a high to low CO2 emission society, through research that will result in cleaner generation, storage, distribution and utilization of energy.

The Advisory Board brings leading practitioners from industry, government agencies and research together to provide advice to the Centre on strategic initiatives, contribute to long term planning and promote the Centre to external stakeholders.

Yours faithfully,

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Terry Kallis Managing Director

MEDIA CONTACTS:

Terry Kallis Kieran Hall

Petratherm Ltd 08 8274 5000 Hughes Public Relations 08 8412 4100