RIEDEL RESOURCES LIMITED — Board/Management Information 2012

Dec 4, 2012

==> picture [156 x 65] intentionally omitted <==

Suite 1, 45 Ord Street West Perth Western Australia 6005 Tel: +61 8 9226 0866 Fax: +61 8 9486 7375

PO Box 1559, West Perth Western Australia 6872 www.riedelresources.com.au

ABN: 91 143 042 022 ASX: RIE

5 December 2012

ASX/Media Announcement

Director Appointment

The Directors of Riedel Resources Limited ( “Riedel” or “the Company” , ASX: RIE) are pleased to advise that Mr Ed Turner has been appointed as an Executive Director of the Company, effective immediately.

In July 2011, soon after the listing of Riedel on ASX, Ed joined the Company as Exploration Manager. Prior to this appointment Ed had accumulated 25 years of experience as a geologist in Australia and overseas, with primary focus on gold, nickel, uranium and base metals exploration and underground gold mining. He has extensive experience in project review, due diligence and acquisition.

More specifically, Ed has established exploration teams and managed exploration programmes in Romania, The Ukraine, Brazil and The Democratic Republic of Congo for companies including RSG Global (now Coffey Mining), Anvil Mining and Cougar Metals. In Romania Ed lead the exploration team that added 5 million ounces of gold to the Rosia Montana gold project in a twelve month period.

The directors of Riedel look forward to Mr Turner’s contribution to the Board as Technical Director. His strategic insights and operational experience will be a substantial benefit to Riedel’s shareholders.

Yours sincerely

==> picture [54 x 42] intentionally omitted <==

==> picture [65 x 104] intentionally omitted <==

Jeffrey Moore Managing Director