RNS Number:2165D
Gippsland Limited
04 September 2007

4 September 2007

Gippsland Limited ("Gippsland" or the "Company")

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Gippsland expands share trading to UK PLUS Markets
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Gippsland Limited (ASX & AIM: "GIP") is pleased to announce its shares have
commenced trading today on the United Kingdom Plus Markets, trading under the
symbol "GIP".

Plus Markets is an independent London-based equity market service, provided by
Plus Markets Group PLC, which was recently approved as a Recognised Investment
Exchange.

Plus Markets is based on a quote-driven trading system and currently trades more
than 1,000 small and mid-cap company shares, representing a combined market
capitalisation of approximately UK #200 billion (A$490 billion).

Gippsland Executive Chairman Jack Telford said "Trading on Plus Markets benefits
all Gippsland shareholders by enhancing investor choice, improving liquidity and
providing greater access to investors".

"Gippsland's projects and markets are well understood by European investors, and
our admission to Plus Markets provides another avenue for these investors to
share in the Company's development" Mr Telford said.

Gippsland ordinary shares will continue to be quoted and traded on the
Australian Stock Exchange and the London Stock Exchange AIM.


RJ (Jack) Telford
Executive Chairman

Gippsland Limited
www.gippslandltd.com

For further information please contact:

Jack Telford         Gippsland Limited                 T: +61 (0)8 9340 6000
Luke Cairns          Hoodless Brennan Plc              T: +44 (0)20 7538 1166
Les Polden           Hoodless Brennan Plc              T: +44 (0)20 7538 1166
Jane Stacey          Conduit PR                        T: +44 (0)20 7429 6605
Ed Portman           Conduit PR                        T: +44 (0)20 7429 6607
Fiona Owen           Grant Thornton Corporate Finance  T: +44 (0)20 7383 5100
Warrick Hazeldine    Purple Communications             T: +61 (0)8 9485 1254
                                                       M: +61 (0)417 944 616

About Gippsland Limited

Gippsland Limited is an Australian-based international resource company. It is
listed on the Australian Stock Exchange (ASX) and the London Stock Exchange's
Alternative Investment Market (AIM).

The Company's prime assets are tantalum-tin projects in the Central Eastern
Desert of Egypt adjacent to the western shore of the Red Sea. These include the
40 million tonne Abu Dabbab and the 98 million tonne Nuweibi projects. The
Company has completed a feasibility study of the Abu Dabbab project based upon a
mill-feed rate of 2Mtpa and production exceeding 650,000 pounds of tantalum
pentoxide (Ta2O5) per annum which will rank the Company as the world's second
largest producer. Gippsland is presently finalising off-take and project finance
facilities.

Tantalum

Approximately 60% of global tantalum production is used in the manufacture of
electronic capacitors for electronic circuits in cellular phones, laptop
computers, video cameras, digital still cameras, Playstation, medical appliances
such as hearing aids, pacemakers, GPS, ABS systems in automobiles, also in
airbag protection systems, ignition and motor control modules,.

Tantalum is a refractory metal that is resistant to chemical attack, with a high
melting point, ductility and malleability. Because of the metal's resistance to
corrosion it is used in the fabrication of chemical plant and equipment. Its
high melting point and low thermal coefficient of expansion make it a crucial
component of jet engine turbine blades. As tantalum carbide, one of the hardest
substances known to man, it is also used for cutting tools.

The global tantalum (as Ta2O5) market is estimated to be in the order of 4.7 -
5.1 million pounds (approx. 2,200 tonnes) per annum for the years 2005 - 2006.
Industry commentators suggest that the market is growing at a rate of about 7%
per annum with current spot market prices approaching US$50 per pound of Ta2O5.

For further information visit: www.gippslandltd.com




                      This information is provided by RNS
            The company news service from the London Stock Exchange

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