Welcomes New Director to the Board

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oil and gas company focussed on development and production projects in sub-Saharan West Africa

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Welcomes New Director to the Board

posted on Jan 14, 2009 11:38AM

January 14, 2009

Exile Resources Inc. Welcomes New Director to the Board

TORONTO, ONTARIO--(Marketwire - Jan. 14, 2009) - Exile Resources Inc. (TSX VENTURE:ERI) ("Exile" or the "Company") today announced that Mr. John Orange has been appointed to the Company's board of directors as of January 1st 2009.

Mr. Orange is a former chief executive, principally with the BP Group, having spent 29 years with BP working around the world. Educated in Dublin, he obtained his BA (Law) degree from Trinity College in 1965 and is a barrister who has specialized in energy resources throughout his career. Mr. Orange is a past President of the UK Petroleum Industry Association (1993-1995) and a Fellow of the Energy Institute. His board experience includes a number of directorships. Mr. Orange currently is a Senior Non Executive Director on the board of Premier Oil PLC, where he serves as Chairman of the Remuneration Committee, member of the Audit Committee and member of the Nomination Committee.

Tony Henshaw, President and CEO of Exile, commented "We are very pleased to welcome John to the board. His depth of experience adds tremendous value."

Exile has granted Mr. Orange 250,000 options of the Company at an exercise price of $0.13 per share expiring on January 12, 2014. Subject to regulatory approval, these stock options shall vest immediately.

About Exile Resources Inc.

Exile Resources Inc. is an oil and gas exploration company advancing the development of the Akepo Oilfield in the shallow water Niger Delta, Nigeria. The Company is also pursuing additional oil and gas, exploration and development opportunities in Africa. Exile Resources Inc. has 63,754,191 issued and outstanding common shares. Please visit Exile Resource's web site for further information: www.exileresources.com.

To receive press releases from Exile, please email shirley@chfir.com and mention "Exile Resources" in the subject line.

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