Announcement re new directorAPPOINTMENT OF NON-EXECUTIVE...

Announcement re new director

APPOINTMENT OF NON-EXECUTIVE DIRECTOR
12 February 2010: Extract Resources Ltd (ASX/TSX/NSX: EXT), a uranium exploration and
development company with projects in Namibia, is pleased to advise that Mr Alastair Clayton has
today been appointed as a Non-Executive Director of the Company.
Mr Clayton?s appointment is pursuant to the Board?s invitation to Kalahari Uranium Limited to
nominate an additional Board representative to Extract, commencing on or after 16 September
2009.
Mr Clayton is based in London and is a qualified geologist and mining executive with extensive
experience in evaluating, optimising and financing large scale mining projects internationally.
Between May 2006 and July 2009 Mr Clayton was the Chairman and then a Non-Executive
Director of Bannerman Resources Limited, a uranium exploration company in Namibia. He was
also previously a Director of South China Resources PLC, now Universal Coal PLC, a UK based
company with South African thermal coal reserves.
Between 1996 and 2000 Mr Clayton was intimately involved in the successful joint-venturing,
optimisation and construction of the A$1.3B Murrin Murrin Nickel/Cobalt Project in Western
Australia.
He is currently a Non-Executive Director of Templar Minerals Limited, an AIM listed mining and
exploration group focused on investing in or acquiring and developing iron ore assets in South
America. Mr Clayton is also a senior executive with Solo Oil PLC, an oil exploration company
that is currently drilling for Oil and Gas in Tanzania with partners Aminex PLC and Tullow Oil
PLC.
Steve Galloway, Chairman of Extract welcomed the appointment of Mr Clayton, ?Alistair has
tremendous Board level experience and his specific understanding of the global uranium industry
and the UK and North American investment markets will be valuable to Extract as the company
moves towards developing Rossing South.?