Mr. Joel Dumaresq reports

TAIPAN RESOURCES INC. ANNOUNCES BOARD APPOINTMENT OF MR. STEPHENLOWDEN

Taipan Resources Inc. has appointed Stephen Lowden to its board of directors.

Mr. Lowden has 30 years of wide-ranging experience in international oil and gas exploration, development, and production and gas liquefaction, with a record in defining strategy and creating and acquiring new businesses. This is illustrated in Mr. Lowden's roles as a commercial business development director, and exploration and production director at Premier Oil PLC, where he added over one billion barrels of oil equivalent (boe) of new resources, and his role as president of Marathon International and senior vice-president of corporate business development and president of integrated gas, during which time Marathon was able to replace and regenerate 50 per cent of its upstream portfolio on a reserves and production basis. Mr. Lowden is currently the chief executive officer of New Age (African Global Energy) Ltd., a private independent oil and gas exploration and development company with a regional focus on, and operations in, subSaharan Africa and Kurdistan.

Charles Watson commented, "Mr. Lowden's in-depth knowledge and extensive global experience in the oil and gas industry, particularly in frontier regions, will be invaluable as Taipan continues to build a world-class portfolio of prospective resources."