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REDCASTLE RESOURCES LIMITED Board/Management Information 2011

Jul 6, 2011

65668_rns_2011-07-06_8d36614a-d524-4d44-85d9-1340bfbf171e.pdf

Board/Management Information

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GRP Corporation Limited < > to be renamed Cady Energy Limited

Level 2 350 Kent Street Sydney NSW 2000 Australia PH: 02 9299 2289 FX: 02 9299 2239 EM: [email protected] www.grpcorporation.com

7 July 2011

GRP0C0R\ASX030

The Company Announcements Platform ASX Limited Company Announcements Office SYDNEY NSW 2000

Appointment and Resignation of Company Directors

The Board of GRP Corporation Limited announces the following changes.

Director Appointment

Mr Stephen Quantrill has been appointed Managing Director effective immediately.

It is with great pleasure that the Company makes this appointment; Mr Quantrill will bring excellent business skills to the current Board structure as he has has a high level of commercial and managerial expertise across multiple geographical locations including Australia, South Africa, and Europe.

He is currently the Managing Director at Cady Energy and has over 10 year’s experience as a company director and more than 15 year’s experience as a business leader in financial and engineering services.

He is a professional engineer and attained his university degrees with first class honours.

Director Resignation

It is with regret that the Company announces the resignation of Mr Steve Nicols as Non-Executive Director effective immediately.

Mr Nicols was appointed in November 2010. Mr Nicols has been a significant contributor with his advice, time and energy on Company strategy and growth.

The Board expresses its appreciation to Mr Nicols for his contribution to the Company.

FURTHER INFORMATION

Shareholders / Investors

Mark Rowbottam

Non-Executive Director GRP Corporation Limited E : [email protected]

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