EANS-News: Tantalus Rare Earths AG / Board appointments

--------------------------------------------------------------------------------
Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
--------------------------------------------------------------------------------

Board of Directors (Appointments and Changes)/Board appointments

Düsseldorf (euro adhoc) - Tantalus Rare Earths AG Board appointments
(Tantalus Rare Earths AG, Düsseldorf, 15th July 2011) The Directors
of Tantalus Rare Earths AG ("TRE"), the German exploration company
exploring a primary bedrock rare earth mineralisation and a very
extensive, secondary rare earth mineralisation at surface in
north-western Madagascar, are pleased to announce the appointment of
the following individuals to its Management Board:

Lee Goldsmith, Executive Director After graduating in law (LLB Law),
he worked from 1981 to 1984 as an assistant solicitor at Norton Rose.
He then held an in-house legal position at Ladbroke Group Plc/Hilton
Hotels, before becoming a partner in the Simpkins Partnership, and
from 1996 to 2001 he was a partner of Goldsmiths Solicitors. He is
currently working as a consultant for Blake Lapthorn. He is also a
Solicitor of the Supreme Court in England and Wales and formerly the
Chairman of the supervisory board of TRE to 30 June 2011.

Paul Loudon, Executive Director Paul Loudon is a mining analyst with
more than 25 years' experience in stockbroking, corporate finance and
the management of junior mining and exploration companies. He has
been President of Battlefields Minerals Corporation of Toronto and
President and Chief Operating Officer of BDI Mining Corp. Paul has
also been Head of Equities at Loeb Aron & Company Limited, a
London-based corporate finance house specialising in the mining
sector, where he was responsible for raising considerable sums of
equity capital for resource companies listed in the UK, Canada and
Australia. Mr Loudon is currently Managing Director and Chief
Executive Officer of DiamondCorp Plc, an AIM listed emerging diamond
producer with operations in South Africa and Botswana and
Non-Executive Chairman of URU Minerals Limited.

Philip Gray, Executive Director Philip Gray has a Masters Degree from
Lancaster University Business School and a Diploma in Management
Studies from the University of Westminster. He is a Member of the
Society of Trust & Estate Practitioners as well as a number of other
professional bodies. Philip is a Fellow of the Institute of
Directors and has a wealth of international boardroom experience,
having been a director of various operating entities listed on the
UK, Zurich and Johannesburg stock exchanges and Chairman of companies
listed on the Mumbai, Australia and Botswana stock exchanges. He has
over 30 years international experience in investment banking
focussing on investment management and stockbroking, having been
Managing Director of GT Management Asia, Executive Chairman of HSBC
James Capel Asia Limited and Chairman of Imara Holdings, a listed Pan
African financial services group. He has also been Chairman of
several professional bodies such as the Hong Kong Unit Trust
Association, the Hong Kong Society of Investment Analysts and the
Society of Technical Analysts. Philip was a member of the Unit Trust
Committee and Takeover Panel of the Hong Kong Securities and Futures
Commission ("SFC") and was a Hong Kong Government Appointee to the
SFC's Advisory Committee. He is also Chairman of Hydrotech
International, an ASX listed industrial company, as well as several
hedge funds and he also runs a family office.

Commenting on the recent appointments to TRE's Management Board, Ivan
Murphy, Executive Director of TRE said:

"We are delighted to welcome Paul Loudon, Philip Gray and Lee
Goldsmith to our Management Board. Their respective experience and
skillset further strengthens and compliments that of our
existingManagement and Supervisory Boards and will be valuable during
TRE's next phase of development."

Notes to Editors TRE is a German incorporated holding company whose
subsidiaries are engaged in the exploration and development of rare
earths. TRE's shares are quoted on the Open Market of the Frankfurt
Stock Exchange.

TRE's principal asset is an exploration project located in
north-western Madagascar and comprises rare
earth-tantalum-niobium-zirconium-hafnium enriched dykes and sills and
Rare Earth Element ("REE") bearing argillaceous laterites derived
from the weathering of underlying alkaline intrusives.

There are early indications that most of the alkaline intrusive
bodies within the concession are overlain by REE bearing argillaceous
laterites. TRE is therefore considering the whole area underlain by
alkaline intrusives (150 to 170 sq km) as prospective for secondary
REE mineralisation in the weathering crust.

The exploration programme aims to define the primary (vein/skarn
hosted) and secondary (argillaceous laterites) mineralisation present
on the concession towards a NI 43-101 compliant mineral resource
estimate and support a detailed feasibility study towards mine
development and production.

Tantalus Rare Earths AG
Berliner Allee 12
40212 Düsseldorf
Deutschland
Telephone: + 49 (0) 211 52391 430
Fax: + 49 (0) 211 52391 200
e-Mail: contact@tre-ag.com
Internet: http://www.tre-ag.com/

Further inquiry note:
For further information contact:
Ivan Murphy, Executive Director Tel: +44 (0) 20 3214 9930
Ana Ribeiro Blythe Weigh Communications Tel: +44 (0) 207 138 3206
or +44 (0) 7980 321 505

end of announcement euro adhoc
--------------------------------------------------------------------------------

company: Tantalus Rare Earths AG
Berliner Allee 12
D-40212 Düsseldorf
phone: +49 (0)211 52391 430
FAX: +49 (0)211 52391 200
mail: contact [at] tre-ag.com
WWW: http://www.tre-ag.com
sector: Holding companies
ISIN: DE000A0SMSL4, DE000A1KRQE7
indexes:
stockmarkets: free trade/entry standard: Frankfurt
language: English