June 27th 2008

We are pleased to announce the appointment of Steven Chadwick as Gippsland's Senior Project Coordinator to oversee the detailed engineering, construction and commissioning phases of the Company's 40 million tonne Abu Dabbab tantalum tin project in Egypt .

Steven brings a wealth of knowledge to the Company as it moves towards being a dominant force in the global tantalum industry. His practical experience will be most valuable in ensuring that Abu Dabbab moves towards production quickly in the most cost effective manner. Steven will be joined by additional high-calibre personnel during the months ahead.

Also attached is an announcement relating to the recent placing of shares in London via the Company's brokers Seymour Pierce Ltd and Fox-Davies Capital Ltd.

Mining Corporate News

Gippsland Limited (GIP LN, 5p, up 2.5%) announces that it has completed a placing of 12,655,553 million fully paid ordinary shares to UK institutional investors at a price of 4.5 pence per ordinary share to raise the sum of UKGBP569,500 before costs and expenses. The Placing Shares will rank pari passu with all existing fully paid ordinary shares in the Company. Application has been made for the Placing Shares to be admitted to trading on AIM and the Australian Stock Exchange with trading expected to commence on 1 July 2008.

The total number of ordinary shares on issue following admission will be 306,354,325. The funds raised under the Placing will be used for working capital purposes and for the further development of the Company's 40 million tonne Abu Dabbab tantalum-tin project.

Comment: This small equity raise is in line with our expectations for funding requirements for continuing development of the Abu Dabbab project.

We maintain our BUY recommendation and target price of £0.31. (A$0.64/share)

(Peter Rose/Andy Davidson

Fox-Davies Capital Ltd

Tel: +44(0)2079365242)

!4th July 2008

Please find attached Gippsland's ASX - LSE/AIM release regarding the increase and upgrade of resources at the Company's Abu Dabbab tantalum-tin project resulting from the recently completed diamond drilling programme.

The drilling programme has been an outstanding success as it has produced an 11% resource increase with 73% of the resource now categorised as Measured and Indicated, while the global tantalum pentoxide grade has increased from 243g/t to 250g/t. These results further underpin the robustness of the Abu Dabbab project whilst reinforcing Gippsland's position in becoming a major supplier to the global tantalum industry.

Also attached is a copy of a recent article in which Talison Minerals, presently the world's largest producer of tantalum raw materials, is reported as having notified its customers of a potential 80% tantalum price increase. This article was authored by Mr Denis Zogbi, publisher of the North American magazine Passive Component which reports to the global electronics industry. Please CLICK HERE to view the article in full.