Obtala Resources Limited has provided a operational update. The 2013 logging season has officially opened in Mozambique and the company has re-started the manufacturing of wooden railway sleepers for a private Mozambique registered company who is responsible for the northern railway network in Mozambique. The current requirement is for 7,500 units for line maintenance over the next four months, with negotiation in progress with the Brazilian mining conglomerate, Vale, for an additional order to supply wooden sleepers for the Lichinga line upgrade. The Lichinga upgrade project extends over 240 km and work is expected to start in late May. Hardwood sales have continued over the past two months with cut timber shipped to two buyers in South Africa. With the opening of the cutting season production levels and sales of sawn timber are expected to grow. An initial order has been received for the engineered flooring product which is being manufactured in Europe. In addition to the sleeper and export cut timber orders, the Company currently has a monthly order book in excess of $75,000 for timber products from local demand in-country. An order has been agreed to supply an initial 50 m3 per month to a large construction company in Maputo, potentially increasing to 100 m3 in second half of 2013. The company is continuing to evaluate other opportunities to increase its land holding as it moves towards being the most significant concession holder in the region. The company announced that the work continues on the recently acquired Magole Farm near Morogoro in Tanzania where the Company intends to establish a horticultural business. A hydrogeology survey has been completed with water well drilling expected to commence in the next ten days. An order has been placed for drip irrigation equipment and installation, which the Company expects to be fully commissioned after three months and will cover an area of approximately 30 hectares. A tomato washing and inspection line is currently being manufactured in South Africa and will arrive on site in late May. The company's objective of building a sun-dried tomato enterprise remains on course with initial product expected in Third Quarter 2013. Discussions are currently in progress with two buyers operating in Europe and North America. Predictive yields of the final dried product are expected to be in the order of ten tonnes per hectare, with a total of ten hectares harvested monthly on a rotation basis once the project is operating at full capacity. The project will provide high yielding, high value crops grown consistently throughout the year to supply both local and international markets, generating a steady, regular revenue stream.

Obtala Resources Limited, Special/Extraordinary Shareholders Meeting, May 02, 2013., at 11:00 GMT Standard Time. Agenda: To approve to dispose of 100,000,000 shares it holds in Bushveld Minerals for 13 pence per share generating cash consideration of £13,000,000.

Obtala Resources Limited announced that James Ede-Golightly has stepped down as Non-executive Director of the Board for personal reasons with effect from March 22, 2013.