Mr. Alan Naylor, the founder of Troy Resources NL, has advised the company that he will not seek reelection at the AGM and will retire from the Board after 25 years’ service as a Director. Dr. Denis Clarke, who has been a Director of Troy for 10 years, has advised the Board that to facilitate the agreement with Warrigal he will resign as a director and leave the board at the AGM. Mr. Robin Parish, a 5% beneficial shareholder in Troy, will be appointed to the Board immediately and Mr. Paul Benson will step down as a Director but will remain as the company’s Chief Executive Officer.

Troy Resources NL announced that the annual general meeting of holders of ordinary shares to be held on November 27, 2009, the Constitution tabled at the Meeting and signed by the Chairman of the Meeting for the purpose of identification, be approved and adopted as the Constitution of the company, in place of the existing constitution, with effect from the close of the Meeting.

Troy Resources NL reported sales results for the year ended June 30, 2009. For the year, the company reported sales revenue of AUD 75.4 million compared to AUD 39.7 million for the same period a year ago.