Creat Resources Hldg : Appointment of New Director

27 October 2014

Creat Resources Holdings Limited

("CRHL" or "the Company")

Appointment of Director

The Company is pleased to announce the appointment of Mr. Lawrence (Zhirong) Fan as Managing Director of Creat Resources Holdings Limited.

Mr. Fan (3 5 ), is a Chinese national currently resident in Hong Kong. He has an extensive background in corporate finance and capital markets . Mr. Fan obtained his Master of Business Administration degree from the Yale School of Management in 2008 and Bachelor of Engineering degree from Shanghai Jiao Tong University in 2001

Mr. Fan began his career as an auditor at KPMG Shanghai in 2001 and later joined Pacific Antai Life Insurance Co., Ltd. as an internal auditor. From 2004 to 2006, he was an Equity Research Associate of China International Capital Co., Ltd. From 2008 to 2012, Mr. Fan assumed different roles at Nomura International, Tiger Group Investments, BOCOM International Asset Management, all relating to capital markets, corporate finance and private equity investments. He joined Creat Capital Co., Ltd. as an investment director in 2012.

Mr Fan currently holds no interest in the issued ordinary share capital of the Company.

For further information please visitwww.creatresources.com or contact:

About Creat Resources Holdings Limited

CRHL is a mining investment company.  CRHL is currently a major shareholder of Galaxy Resources Limited ("Galaxy"). Galaxy is an Australian-based lithium exploration company listed on the Australian Securities Exchange (Code: GXY). Galaxy plans to be one of the world's largest lithium carbonate producers.