BOARD CHANGESAppointment The Board is pleased to announce that...

BOARD CHANGES

Appointment The Board is pleased to announce that Simon Grenfell has accepted a position on the Board as a Non Executive Director effective 6 July 2008.

Simon is Managing Director Head of Commodities – Asia for Deutsche Bank.
Prior to his role at Deutsche, Simon held various positions with Macquarie Bank, Goldman Sachs and Morgan Stanley over 16 years.
Resignation Renatto Barbieri has served as a Non Executive Director since June 2007.
Renatto has advised the Company that due to demands from other business interests he is unable to continue his directorship with Crescent.
The Board wishes to thank Renatto for his support over the term of his service and with regret announce that Renatto Barbieri has tendered his resignation
effective 6 July 2008.
Regards
Crescent Gold Limited
Mark Tory
CFO & Company Secretary