GTL Gtl Resources

TIDMGTL

RNS Number : 9521I

GTL Resources PLC

23 June 2011

For Immediate Release 23 June 2011

GTL Resources PLC

('GTL' or the 'Company')

Grant of Options

GTL Resources PLC (AIM: GTL), the US based bio refining company announces that, pursuant to its share option schemes approved by the Board of Directors in 2006 for executives, on 22 June 2011 it granted options over ordinary shares in the capital of the Company, at an exercise price of 72.8 pence each, to the following directors and employees of the Company:

Director / employee Number of shares over which options have been granted

Richard Ruebe (Group CEO) 400,000

Other Company employees 500,000

For Richard Ruebe and Company employees, the options are conditionally exercisable for seven years from 22 June 2014. In addition to the options announced today, Richard Ruebe holds 30,000 ordinary shares in the Company and options over 67,782 ordinary shares at an exercise price of 225 pence each, options over 350,000 ordinary shares at an exercise price of 21 pence each and options over 300,000 ordinary shares at an exercise price of 61.2 pence each.

For further information please contact:

GTL Resources PLC

Richard Ruebe, CEO

Jeff Lemajeur, CFO

001 630 773 1226 (USA)

Cenkos

Stephen Keys

Elizabeth Bowman

020 7397 8928

Buchanan

Charles Ryland

Ben Romney

020 7466 5000

This information is provided by RNS

The company news service from the London Stock Exchange

END

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