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STREAMPLAY STUDIO LIMITED Board/Management Information 2006

Jul 10, 2006

65841_rns_2006-07-10_9649e98a-1292-435a-a831-5020978244c8.pdf

Board/Management Information

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Suite 34, 18 Stirling Highway, Nedlands WA 6009 PO Box 352, Nedlands WA 6909, Australia ABN 31 004 766 376 Tel: +61 8 9389 8611 Fax: +61 8 9389 8612 [email protected] www.gippslanditd.com

11 July 2006

CHIFF FINANCIAL OFFICER APPOINTMENT

Gippsland Limited today announces the appointment of Mr Paul R Sims (aged 44) as the Company's Chief Financial Officer.

Mr Sims has an established senior management background in financial and commercial functions within the resources sector and has held both operational and strategic roles in major international resource companies. Gippsland Directors recognise that his strengths in relation to project finance plus the development and implementation of financial and commercial systems will contribute significantly to the development of the Company's growth.

Mr Sims forms part of the expanding Gippsland management team being set in place for the development of the Company's 40 million tonne Egyptian Abu Dabbab tantalum project which is scheduled to become a world class tantalum producer.

RJ (Jack) Telford Executive Chairman

For further information please contact:

Jack Telford Gippsland Limited www.gippslandltd.com Tel: +61 8 93898611 [email protected] Laurence Read / Leesa Peters Conduit PR Tel: +44 20 7429 6605 [email protected] [email protected]

Les Polden / Luke Cairns Hoodless Brennan Plc Tel: +44 20 7538 1166 [email protected] [email protected]