Dioro Announced Board Change

    /Not for distribution in the United States or dissemination through a
    U.S. newswire service/

    PERTH, Western Australia, Jan. 28 /CNW/ - DIORO EXPLORATION NL ABN 31 009
271 532 (ASX/TSX: DIO) - Dioro Exploration is a Perth based gold producer with
listings on the Australian Securities Exchange ("ASX") and Toronto Stock
Exchange ("TSX"). In order to fulfill TSX listing requirements and to comply
with ASX best practice corporate governance recommendations, certain changes
have been implemented to the structure of the Board.
    The requirement that the board should contain a majority of non-executive
directors will be fulfilled by two directors, who also hold executive
positions in the company, stepping down from the Board of Directors of Dioro
with immediate effect.
    David McArthur (Chief Financial Officer ("CFO")/Company Secretary) has
today resigned as a director of the company. Mr McArthur will continue in his
role as CFO/Company Secretary of the company.
    Mark Pitt, the Chief Operations Officer ("COO") has today resigned as a
director of the company. Mr Pitt will continue in his role as COO of the
    The board of Dioro will now comprise 3 non-executive directors (including
a nonexecutive chairman) and the Chief Executive Officer ("CEO"). The non
executive directors will fill the independent roles on the audit and
remuneration committees.

For further information:

For further information: Rhod Grivas, Managing Director, Dioro
Exploration NL, Ph: +61 8 9389 8799; David Tasker, Allan Francis, Professional
Public Relations, Ph: +61 8 9388 0944

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