Enterprise Metals Limited announced that Mrs. Anna Mao and Mr. Barry Bourne have given notice of their resignations, with effect immediately, as non-executive Directors of Enterprise. Following a stringent review of the Company's exploration operations and costs, and given the prevailing equity markets, the Board unanimously agreed to reduce the number of directors from five to three. Both Mrs. Mao and Mr. Bourne have confirmed that they will be available to the Board in the future for corporate advice as required.

Mrs. Mao has served as a non-executive director of the Enterprise Board since late 2011, bringing to the Board a great wealth of international experience and contacts. In particular she has worked hard to strengthen the Company's relationships with Chinese investors. Mr. Bourne joined the Company a little over a year ago and has assisted greatly in the refocussing of the Company's exploration portfolio.