The Company announces that its 2007 Annual Report was posted to shareholders and is available on the company’s website at www.neptuneminerals.com.

For further information please contact:

Simon McDonald (Neptune MD and CEO):                                T: +61 (0) 2 9957 5244

By email to the Company                                                               This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Richard Hail (Fox Davies Capital Limited, Broker):                   T: +44 (0) 20 7936 5200

Fiona Owen (Grant Thornton Corporate Finance, Nomad):     T: +44 (0) 20 7383 5100

Rozanne Ichikowitz (Grant Thornton Sydney):                           T: +61 (0) 2 8297 2522

Nadja Vetter / Matthew Law (Cardew Group, PR):                     T: +44 (0) 20 7930 0777